Mar 09, 2023 Special City Council

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IT IS THURSDAY, MARCH 9TH, 2023, AT 5:30 P.M. AS AUTHORIZED BY THE GOVERNMENT SCTION CODE... AND COUNCIL MAY RECEIVE PUBLIC INPUT ON THE FOLLOWING AGENDA

[Mid-Year Budget Strategy Session]

THIS ITEM? >> ALL RIGHT. >> LET'S GET STARTED.

>> BRIAN AND I ARE ACTUALLY GOING TO SPEAK ON IT. >> SO, COUNCIL, MAYOR, THANK YOU ALL FOR BEING HERE TONIGHT. I KNOW IT'S THE SECOND MEETING THIS WEEK IN EVENING.

WE'RE TOUTING THIS AS KIND OF A MID YEAR BUDGET DISCUSSION THERE, ARE SEVERAL OPPORTUNITIES THAT COUNCIL CAN EXPLORE, DISCUSS, AND DECIDE IF YOU WANT TO TAKE SOME ADDITIONAL ACTION AT THIS POINT. I WILL TELL YOU THAT WITH ONLY JUST HANDFUL OF EXCEPTIONS, THERE ARE -- YOU HAVE THE ABILITY TO EITHER TAKE ACTION OR NOT.

AND WHAT I MEAN BY TAKE ACTION WOULD BE CONSENSUS, DIRECTION TO STAFF TO BRING BACK AN ITEM THAT YOU WOULD APPROVE IN AN ACTUAL RESOLUTION OR ORDNANCE. THERE ARE A COUPLE THAT ARE TIME SENSITIVE, SUCH AS THE DART ALLOCATION. THERE ARE A COUPLE OF ITEMS WE'LL TALK ABOUT THOSE WHEN WE GET THERE. THE REST OF THESE ARE REALLY MORE OPPORTUNITIES, OPPORTUNITIES FOR YOU TO DECIDE WE WOULD LIKE TO DO THIS OR WE WOULD LIKE TO DO THAT. STAFF HAS SOME RECOMMENDATIONS AS WELL.

AND THEN I THINK IT'S IN EITHER LATE APRIL OR EARLY MAY WE WILL BRING BACK CAPITAL PROJECTS THAT WE WILL HAVE BALANCES AND WILL DO ANOTHER ALLOCATION AT THAT POINT.

BUT WE WANTED THIS TO BE AS COMPREHENSIVE AS POSSIBLE. AND SO BY DELAYING IT TO TODAY, WE ARE -- OUR AUDIT'S DONE. WE KNOW WHAT OUR REFERS ARE. WE CAN HAVE A REAL CONVERSATION IF WE WANT TO ALLOCATE ADDITIONAL DOLLARS OR NOT. WE HAVE AN OPPORTUNITY WITH, FOR EXAMPLE, THE ARPA MONEY TO REPORT AT LEAST ON SOME OF THE GENERATORS AND STATIONS.

THESE ARE THE KINDS OF THINGS WE WANT TO TALK ABOUT TONIGHT. ANGIE AND I ARE GOING TO TAG TEAM IT. SHE'S GOING TO TAKE ON THE FIRST FEW, I'M GOING TO TAKE ON THE RERVETS AND THEN WE'LL TALK A LITTLE BIT ABOUT THE BUDGET CALENDAR.

SO ANGIE. >> AND YOU GUYS SEE WE HAVE A LOT OF FOLKS HERE TO HELP US ANSWER QUESTIONS. SO BRIAN AND I ARE TAKING THE CHARGE ON THIS.

IT CAME TOGETHER NOT BECAUSE OF ONLY OUR BRAINS BUT ALL OF THE BRAINS YOU SEE IN THIS ROOM BEHIND YOU. WE'RE GOING TO START WITH DART. WE HAVE TALKED ABOUT DART BEFORE. WE HAVE TALKED ABOUT THE 5.3 MILLION-DOLLARS THAT WE ARE SLATED TO RECEIVE FROM DART. WE TALKED ABOUT THIS IN THE PATHS THAT THERE ARE TWO REQUIREMENTS, SUPPORT DART'S PUBLIC TRANSPORTATION SYSTEM OR -- AND/OR PROVIDE COMPLIMENTARY TRANSPORTATION SERVICES. THESE DEFINITIONS WILL NOT BE A NEW YOU. I PUT THEM HERE. THEY DO DEFINE THEIR PUBLIC TRANSPORTATION SYSTEM, AND THEIR COMPLIMENTARY TRANSPORTATION SERVICES, AND I'M HAPPY TO SEND THI TO YOU ALL. WE JUST FINISHED IT RIGHT AT LAST MINUTE TODAY.

THOSE ARE THE OPTIONS. OUR TEAM HAS HAD EXTENSIVE CONVERSATIONS, KEN TOLLISON HAS HAD EXTENSIVE CONVERSATIONS WITH THE FINANCE DIRECTOR FOR DART AND SOME IDEAS ON SOME PROJECTS AND, YOU KNOW, THEY'VE BEEN A GREAT PARTNER TO US. WE DID RECEIVE THE FULLY EXECUTED ISLE A THE DAY BEFORE YESTERDAY. SO THAT WE HAVE DONE AND DO HAVE IT BACK. WE BURSTMENT, THEY DO REIMBURSE YOU FOR THE PROJECT.

SO IF IT COST $250,000 OR LESS, THEY GIVE YOU 50% AFTER PROJECT AEXPROFL REIMBURSE THE REST UNDER SUBSTANTIAL COMPLETION. IF IT'S OVER 250,000 DOLLARS, THEY GIVE YOU $125,000, OR 10% UPFRONT. 40% AFTER THE COMPANY SEES THE NOTICE TO PROCEED AND THE

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WE DON'T HAVE DART BUSES. WE HAVE ABSOLUTELY HAVE GO LINK. WE'RE THE LARGEST USER OF GO LINK THAN ANY OTHER SYSTEM. SO WE LOOK AT AROUND THE DART STATION, WHAT PROJECTS DO WE REALLY HAVE THAT WILL NIT CRITERIA AND BE A REALLY GOOD USE FOR THIS MONTH.

OUR RECOMMENDATION IS INDUSTRIAL STREET, INDUSTRIAL CURRENTLY THE 90% DESIGN.

THIS DOES NOT -- THAT 4.8 MILLION THAT YOU SEE THERE DOES NOT -- IT CURRENTLY HAS OVERHEAD POWER LINES. THAT DOES NOT INCLUDE BURYING THOSE OVERHEAD POWER LINES.

IT WILL FREE UP A PORTION OF THE MAY 2021 BOND BE FUNDING. SOME HAS ALREADY BEEN ALLOCATED.

SOME HAS BEEN ISSUED, SOME WILL BE ISSUED LATER THIS SUMMER. TO DO THAT STREET, WE WOULD ALSO DO SOME ENHANCEMENTS. BY ADDING SOME SIDEWALKS AND CROSSINGS.

AND SO WHEN THE LIGHT WENT IN, THERE WERE NOT SIDEWALKS ON ALL SIDES AND THEREFORE IT MADE PEDESTRIAN CROSSING AT THAT LIGHT AN ISSUE. ABSOLUTELY EVERY SINGLE DAY PEDESTRIANS CROSS THAT LINE. AND THEY JUST DO IT. WHETHER THEY'RE SIDEWALKS OR NOT, YOU HAVE A LOT OF TRAFFIC THAT COMES BACK AND FORTH TO DART AND THEY'RE USING THAT INTERSECTION FOR GETTING THERE AND GETTING INTO THE DOWNTOWN AREA SO STAFF RECOMMENDS WE MOVE FORWARD WITH FUNDING THE INDUSTRIAL STREET. THERE IS A PROCESS THAT GOES WITH THIS. WHAT WE WILL DO IS FILL OUT -- IT'S ALMOST LIKE A GRANT APPLICATION, RIGHT. WE'LL FILL OUT AN APPLICATION, WE'LL SEND A LETTER TO DART, REQUESTING THIS PROJECT AND THESE FUNDINGS. THEY MAY COME BACK TO US AND SAY, WELL, WE HAVE A QUESTION ABOUT THIS OR WE HAVE A QUESTION ABOUT THAT.

AND THEN ONCE THEY APPROVE IT, THEN WE STEP BACK INTO THIS REIMBURSEMENT AND WORKING OUT THE DETAILS OF HOW WE FUND IT. WE'RE HAPPY TO LOOK AT OTHER PROJECTS.

I KNOW THIS IS ONE WE HAVE TALKED A LOT ABOUT, AND IT'S A PERFECT USE OF THESE FUNDS AND FREES UP THOSE BOND FUNDS SO THAT WE CAN COME BACK AS PART OF THIS CIP PROJECT CONVERSATION IN MAY AND REALLY TALK THROUGH WHERE DO WE REALLOCATE THOSE FUNDS WITHIN THE INFRASTRUCTURE

PROJECTS. IT IS 4.829. >> IT'S MORE OF THE SAME, THE BONDS THAT WE WOULD SELL THIS SUMMER FOR THE THIRD YEAR-- YEAH.

>> WE HAD SOLD A SMALL PART BUT WE COULD ACTUALLY -- >> OKAY.

>> IS THIS AN OVERHEAD -- >> THAT IS A STREET. >> THE 250 WOULD ALSO BE FOR THE SWAT CONSTRUCTION, WHICH WOULD, I THINK, BE RIGHT IN FRONT OF THE O'REILLY AUTO PARTS TO

CONNECT TO THE OTHER RETAIL CENTER. >> THERE ARE SOME SIDEWALKS THAT COME UP AND KIND OF STOP. AND SO WE WOULD FINISH THAT CONNECTION, DO THE NORTH/SOUTH

CONNECTION FOR THE PEDESTRIANS. >> RIGHT. >> ALSO INCLUDED THE --

>> YES. >> THIS WOULD NOT ONLY BE THE SIDEWALKS, IT WOULD BE THE BUTTONS. THE THINGS YOU PUSH, THE WALK/DON'T WALK.

YES. ALL STUFF WE NEED TO MAKE IT A SAFE PEDESTRIAN CROSSING.

WHICH JUST NOT. THERE'S NO SIDEWALKS AND -- GREAT, BUT IT'S WHERE PEOPLE

CROSS AND IT'S THE RIGHT THING TO DO EITHER WAY. >> WE'VE GOT A SIMILAR SIDEWALK PROBLEM FURTHER WEST ONCE YOU GET PAST THAT. KIND OF A STRETCH OF SIDEWALK

THAT DEAD ENDS ON EITHER END. >> ONE THING PUBLIC WORKS IS DOING RIGHT NOW IS PUTTING TOGETHER A SIDEWALK PLAN. RONNIE IS WORKING ON A BECAUSE THERE ARE SEVERAL PLACES WE HAVE THESE CONNECTIONS. WE HAVE FUNDING TO DO THOSE PROJECTS AND THEY'RE PUTTING TOGETHER THOSE CONNECTIONS. THIS WOULD FOCUS SPECIFICALLY IN THIS SPECIFIC AREA, AND THEN HIS SIDEWALK PROPOSAL THAT WILL COME PROBABLY AS PART OF THE MAY CONVERSATION FOR THAT FUNDING

WILL SUPPLEMENT. >> KEEPING WITHIN THE VICINITY. >> ABSOLUTELY.

>> ABSOLUTELY. >> AND AGAIN, THAT IS NOT ANYWHERE IN WRITING BUT A RECOMMENDATION AS THEY KIND OF TALK THROUGH WHAT KIND OF PROJECTS WOULD BE SUFFICIENT, IN

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PHONE CONVERSATIONS. >> ANOTHER THOUGHT I HAD, ANGIE, ALONG THE SAME LINES, IS THAT IS WE HAVE NOW THE APARTMENT COMPLEX ON NELSER OVER CLOSER TO ROWLETT ROAD AND HAS SIDEWALKS ON THERE. AND THEN IT DIES OUT WHERE INDUSTRIAL HITS NELSER.

AND THERE'S NO SIDEWALKS. AND SO WE'VE GOT HUNDREDS OF APARTMENTS RIGHT THERE, PEOPLE GOING IN THE DARK AND BASICALLY WALKING DOWN THE STREETS THERE. SO I GUESS I'D SUGGEST WE HAVE $278 OF POTENTIAL COST OVERRUNS AND I'D LIKE TO INCLUDE THAT AS A POTENTIAL.

IF YOU DON'T NEED THOSE FOR OVERRUNS, TO BE ABLE TO MAKE THAT CONNECTION.

>> ABSOLUTELY. WE CAN LOOK AT THAT, AND IF NOT, THAT IS SOMETHING THAT IS ON THEIR RADAR. WE'VE HAD THAT CONVERSATION, WE'VE TALKED TO RESIDENTS ABOUT THAT, AND THAT IS ALSO ON THE RADAR FOR THE SIDEWALK CONNECTION.

BUT, YEAH, ABSOLUTELY. WE'RE GONNA DO AS MUCH IN THAT AREA AS WE POSSIBLY CAN.

>> AND ALSO IT'S -- THIS MAY BE SOMETHING THAT -- WITH THE REA THE INDICATED MILLION ON SOME

OTHER PROJECT THAT MAY HAVE THE SAME POTENTIAL. >> WE TALKED ABOUT LIGHTING.

>> OH, YOU'RE TALKING ABOUT -- NOT ON THIS, BECAUSE WHAT WE WOULD LIKE TO DO IS PROVIDE

CONSENSUS AND SAY, THESE ARE THE PROJECTS THAT WE WOULD APPLY. >> YES.

YEAH, THAT'S WHAT I'M SAYING. >> AND ABSOLUTELY WHEN WE COME BACK, LIKE I SAID, THAT'S SOMETHING RONNIE'S WORKING ON NOW ARE THOSE SIDEWALK CONNECTIONS.

WHERE ARE THEY? I THINK HE'S PARTNERING WITH CHRIS, GETTING CHRIS IN ON IT, THAT'S WHAT HE DID AND HE HAS A LOT OF GREAT IDEAS. HE WALKS IT, SO ONE THING RONNIE WILL DO IS REACH OUT TO CHRIS AND HAVE CHRIS COME IN AND TAKE A BIG MAP AND SAY, HEY HERE'S WHERE I WALK AND HERE'S WHERE THERE'S A PROBLEM. SO THERE ARE A NUMBER OF SIDEWALK CONNECTIONS, WE REALIZE THAT. THIS ONE IS SPECIFIC TO THIS JUST BECAUSE IT IS IN THAT AREA AND WE KNOW IT IS IN THIS CONDITION.

>> SO THE $278 POTENTIAL COST OVERRUNS, THAT'S SOMETHING YOU HAD CONVERSATIONS WITH DART

ABOUT OR IS THAT -- >> I THINK WHAT'S GONNA HAVE HAVE TO HAPPEN IS WE'RE GOING TO HAVE TO BID FOR THE PROJECT TO SEE EXACTLY HOW MUCH IT COMES IN AT.

KEEP IN MIND THE $4.829 WAS BUDGETED IN 2021. RIGHT, AND WE HAVEN'T BEEN ABLE TO -- THERE'S NOT VERY MANY PROJECTS THAT COME IN UNDER WHAT WE PURCHASED IN 2021.

SO WE DON'T KNOW THAT. THAT'S THE DIFFERENCE OUR 5.3 AND THAT 4.8 AND $250.

THAT'S WHAT THAT IS. SO ONCE WE GO TO -- >> WHAT IF I'M READING THE

FUNDING PROPERLY FOR A PROJECT OF THAT SIZE INITIALLY -- >> YEAH, IT'S 10% UPFRONT ONCE

THE PROJECT IS APPROVED. >> AND THEY ADD 40%. >> 40% AFTER.

SO THE REMAINDER AFTER SUBSTANTIAL COMPLETION. >> SO THAT'S A MULTI-YEAR PROJECT THAT WE WOULD NEED TO CARRY THAT OTHER HALF OF THAT FOR A YEAR OR TWO?

>> THE DESIGN IS 90% DONE, JEFF. HOW LONG DO YOU THINK CONSTRUCTION ON INDUSTRIAL --

ROUGH BALLPARK. >> LESS THAN A YEAR. >> YEAH.

>> LET ME SAY THIS NOW, BECAUSE BRIAN IS RIGHT IN A SENSE THAT THE 50 -- WE HAVE TO KATRINA 50% UNTIL THE PROJECT -- WE HAVE TO CARRY THE 50% UNTIL THE FINAL PROJECT IS DONE.

SO WE'RE AT THAT SAME ISSUE WITH MELROSE AT COUNTY LINE AND WHERE WE GET REIMBURSED AFTER THE

PROJECT IS SUBSTANTIALLY COMPLETE. >> I CAN STOP HERE AND YOU CAN GIVE ME CONSENSUS. I'M HAPPY TO STOP. I DON'T WANT TO WAIT UNTIL THE

END WHEN I HAVE A LONG LIST OF QUESTIONS. >> SO ARE WE GOOD WITH THIS

LIST? >> TO SUBMIT TO DART? >> I THINK IT'S A GOOD LIST.

>> I THINK IT GIVES US THE MOST FLEXIBILITY AND IT ENSURES THAT WE'LL HAVE ENOUGH MONEY TO DO

IT. >> WE ALREADY HAVE SOME INITIAL FEEDBACK, THAT THIS IS WITHIN

BALANCE AS FAR AS DART'S CONCERNED. >> YES.

OUR TEAM BELIEVES THAT BASED ON CONVERSATION, THAT THIS WOULD BE A PROJECT THAT MEETS THEIR

CRITERIA. >> CONVERSATION WITH DART OR CONVERSATIONS IN --

>> CONVERSATIONS WITH DART. >> OKAY. >> AND IF SOMETHING HAPPENS.

>> WE'LL ABSOLUTELY COME BACK. ABSOLUTELY. >> YEAH, IF THEY TURN IT DOWN.

WE DON'T THINK THEY WILL, BUT IF THEY DO, THEN WE'LL BE BACK. >> NEXT STEPS ARE THE TEAM WILL PUT TOGETHER A PROJECT AND REQUEST LETTER FOR DART. I THINK THEY'RE PREPARED FOR THAT OVER IN ENGINEERING AND GET THAT SUBMITTED. AS SOON AS WE GET THEIR

APPROVAL, WE'LL BE READY TO GO. >> I THINK YOU TOLD US BEFORE TOO, IS A LOT OF TIMES WHEN YOU MAKE A GRANT REQUEST, YOU MAKE OUT A 30, 40 PAGE DOCUMENT, WHAT THEY'VE COUCHED THIS AS IS LIKE TWO PAGES, YOU KNOW, THEY JUST WANT TO KNOW WE CAN DEFEND IT AND WHAT IT LOOKS LIKE, THE

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THAT'S THE POINT THEY'VE MADE IN SOME OF THESE MEETINGS. BUT IF IT DOESN'T MEET THE CRITERIA, THAT'S WHERE YOU'RE GONNA HAVE TO PROVE TO THEM OR SHOW THEM THAT IT WOULD.

>> WELL, THEIR LANGUAGE LEAVES ROOM FOR INTERPRETATION, WHAT CONSTITUTES AND THAT'S WHERE WE'RE JUST KIND OF USING OUR BEST JUDGMENT IN CONJUNCTION WITH THEM, THAT'S WHY I'M MAKING SURE THAT WE'VE SPOKEN TO THEM TO SEE IF THEY SEEM TO BE FAVORABLE.

>> YEAH. SEVERAL OF OUR STAFF SAT WITH THEM AND KIND OF TALKED THROUGH WHAT SOME OPTIONS ARE. WE WON'T SUBMIT THIS IN SIX MONTHS LATER -- THEY'RE PRETTY MUCH LIKE WE'LL GET IT AND WILL GET IT TURNED AROUND AND GET YOU A RESPONSE AS QUICKLY AS POSSIBLE WHETHER THAT'S QUESTIONS OR THAT'S -- SO

>> OUTLINED SPECIFICS. >> I'M CURIOUS, THOUGH. WE'VE GOT THE THREE HERE, WHAT

KIND OF REPORT -- THAT DIDN'T MAKE IT UP -- >> WE SPENT MOST OF OUR TIME ON THESE TWO. THEY REALLY FIT THE BILL FOR WHAT DART IS LOOKING FOR.

WE TALKED ABOUT SOME OTHER THINGS IN THE AREA, SIDEWALKS AND LIGHTS AND DIFFERENT THINGS LIKE THAT. IT'S TOUGH FOR US. WE DON'T HAVE A BUS NETWORK, SO IT'S HARD TO JUSTIFY THE BUS NETWORK, WHICH IS WHAT SOME CITIES ARE USING.

WE HAVE A BUS NETWORK, WE HAVE BUS ROUTES, THINGS ALONG THOSE ROUTES.

WE DON'T NECESSARILY -- >> ABSOLUTELY CAN GO WITH IT. SO -- WE COULD INTERPRET IT VERY BROADLY AND IT WOULD BE THAT. BUT THIS IS A GREAT PROJECT. IT'S SOMETHING THAT WE'RE READY TO DO, AND WE CAN GET IT OH IT'S ALREADY ALMOST DESIGNED, SO WE CAN GET SOME PROGRESS QUICK.

>> ALL RIGHT. WE'RE GOOD WITH THIS? >> YES.

>> ALL RIGHT, NEXT. >> GOT IT. QUICK UPDATE ON OUR ARPA FUNDING. THIS INFORMATION WAS IN THE PACKET IN DETAIL, SO WE'RE GONNA KIND OF HIT THE HIGHLIGHTS, QUICK UPDATE ON ARPA FUNDING AND GIVING YOU THIS UPDATE FOR A REASON. THESE ARE THE PROJECTS IN PROCESS.

GENERAL STATIONS, WE HAVE COMPLETED THE RCC? >> YES.

>> IT'S DONE AND CAN GENERATE POWER AT ANYTIME. SO THAT PROJECT IS COMPLETED.

IT WAS QUITE AN ADVENTURE THERE FOR A WHILE WHEN WE HAD A BUNCH OF BAD WEATHER IN THE MIDDLE OF IT, BUT WE FIGURED IT ALL OUT AND IT'S GOOD. THE FIRE WELL TECHNOLOGY, THE SENIOR TALENT AND LIBRARY HOT SPOTS, PROJECTS WITHOUT EXPENDITURES.

I KNOW JOEY IS WORKING ON THESE. THE FIBER PROJECTS, THE 911 COMMUNICATION CENTER UPGRADE, OUR TEAM IS WORKING ON THAT. THE CHILD EXPLOITATION CYBER INVESTIGATION PROGRAM.

I TALKED TO CHIEF DENNING, THEY'RE IN THE PROCESS OF PRICING OUT THE SOFTWARE, AND THEN OF COURSE THE EIGHT OFFICERS WITH THE ONE-TIME COST AND THE TWO WEEKS' VEHICLES.

SO ADDING THE TWO VEHICLES. >> AND COUNCIL, YOU MAY REMEMBER, BUT THE $1.5 MILLION HERE THAT SAYS CONTINGENCY RESERVES, WE'VE SET ASIDE FOR THE LAND LINE PLAN, WHICH WE'LL TOUCH ON IN ONE OTHER SPOT IN THIS PRESENTATION. BUT I WANTED Y'ALL TO NOT THINK,

OH, WE ALLOCATE THAT, WELL, WE'VE ALREADY ALLOCATED THAT. >> AND THEN SO IN LIGHT OF THIS CONVERSATION RELATED TO THE GENERATORS FOR THE LIFT STATIONS WE HAVE A REMAINING BALANCE OF $1.6. AS YOU ALL KNOW, WE APPLIED FOR AT THE GRANT.

OH MY GOSH, IT SEEMS LIKE FOREVER AGO NOW, TO FEMA WHILE EVEN RON HARPER WAS HERE, AND FEMA DID NOT INITIALLY FUND ANY GENERATORS. SO NOW THEY STILL HAVE THOSE APPLICATIONS AND AS THEY HAVE MONEY, THEY ARE FUNDING THEM ONE AT A TIME.

IN THE INTERIM, WE STILL HAVE A NEED FOR GENERATORS. SO ONE THING THAT RACHEL DID, SHE WENT TO FEMA AND SAT DOWN WITH FEMA AND SAID YOU'RE ONLY PAYING FOR HALF OF THE GENERATORS. ARE WE GOING TO JEOPARDIZE OUR GRANT IF WE TAKE THE MONEY WE HAVE RIGHT NOW AND GO AHEAD AND DO SOME OF THE GENERATORS? AT THE TIME WE WERE LOOKING FOR THAT GRANT, THE POTENTIAL TO REUSE THIS. RIGHT NOW THE GENT RATERS ARE MUCH MORE EXPENSIVE THAN THEY WERE THEN. SO RONNIE AND MARC WORK TOGETHER TO COME UP WITH A PRIORITY LIST AND THE ABILITY FOR US TO FIND UPFRONT ABOUT $1.3 MILLION.

IT'S ABOUT 1.3 MILLION-DOLLARS. SO UPFRONT WE WOULD BE ABLE TO DO SEVEN GENERATORS, RESERVE, WATER SIDE, MALLET ROAD, NORTH SIDE, THERE'S ONE MORE THAT I LEFT OFF.

OR IS IT SIX? SIX GENERATORS. I HAVE THAT WRONG IN THERE.

SIX GENERATORS FOR $1.1 THEN THERE'S THE -- THE TOTAL $1.3, WE WOULD BE ABLE TO FUND THOSE UPFRONT WITH THIS $1.6 AND GET THAT PART OF IT STARTED, SAVE THE REMAINING MONEY TO -- FEMA

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GET SIX GENERATORS GOING AND WHEN WE HEAR FROM FEMA DO THE REMAINING.

THERE WERE 13 TOTAL, SO THERE'S 7 REMAINING. >> OKAY.

AND THESE ARE THE MOST CRITICAL -- RIGHT. >> SAY YES, SIR.

>> YES, SIR.

LEFT. THE OTHER IS ROUGHLY THE SAME COST AS THE 60S?

>> ROUGHLY. I DON'T KNOW THAT OFF THE TOP OF MY HEAD.

COST AS THE SIX? >> HOW MUCH ARE THE OTHER SEVEN? I THINK THEY WERE LIKE $1.4.

I THINK IT WAS $1.4. I HAD A MEETING THERE TUESDAY. >> WE ACTUALLY HAD TWO GRANTS.

AGAIN, THIS IS A SLOW ROLL. >> IT'S STILL SITTING AT FEMA. >> BUT THEY APPARENTLY ARE STARTING TO FUND SOME OF THESE KINDS OF THINGS. KIND OF LIKE WAITING FOR OUR TURN, AND WE DID GET SOMETHING POSITIVE A COUPLE OF WEEKS AGO THAT MAKES US FEEL LIKE THEY MAY BE EVALUATING OURS, BUT ON THE OTHER HAND WE DIDN'T NEED THE REPORT -- WE NEED THE REPORT AND

NOT WAIT ANY LONGER. >> DO WE KNOW WHAT THE GRANT AMOUNT IS AND WHAT WE'RE SAVING

THAT WE'LL HAVE ENOUGH MONEY TO DO THE REMAINING 7? >> WE SHOULD HAVE ENOUGH MONEY TO DO THE REMAINING 7. THEY ARE COMMITTED $1.6 IS THE REMAINING.

SO WE WILL HAVE THE MONEY THAT WE NEED ALONG WITH OUR GRANT TO BE ABLE TO DO THAT AND FUND THE PERCENTAGE THAT WE HAVE TO FUND. IT'S NOT REALLY MATCH, A VERY SMALL PERCENTAGE BUT THEY DO WANT BUY-IN SO RONNIE WILL BE ABLE TO DO THAT. HE AND MARC REALLY SET OUT AND I SAID WE'RE NOT GOING TO HEAR ABOUT THIS MONEY. WHAT CAN WE DO? BECAUSE WE STILL HAD GENERATORS DURING THE LAST STORM. WE STILL HAD LIFT STATIONS AND

DIDN'T HAVE POWER AND GUYS WERE RUNNING AROUND. >> AND THESE ARE THE MOST

CRITICAL. >> YEP. >> SO THUMBS UP?

>> THUMBS UP. >> I HAVE A QUESTION ON THE WATERLINE.

IS THERE MORE TO BE DONE AFTER THIS PROJECT? IF SO, HOW BIG IS THAT?

>> I THINK THAT ONLY FUNDS THE DESIGN. IS THAT RIGHT?

>> SO IT FUNDS THE DESIGN AND SOME OF THE -- THERE ARE A LOT OF PLACES THAT HAVE TO BE CONNECTED IN ORDER FOR OUR WATER TO BE READY. WE HAVE A BUNCH OF DEAD ENDS, SO THIS $990,000 WAS INTENDED TO BE A START FOR THE DESIGN AND SOME OF THE SMALLER PROJECTS.

I'M MAKING SURE I'M NOT TELLING YOU ALL STORIES. I SEE RONNIE SHAKING HIS HEAD

BEHIND ME. >> FIVE TIMES, 10 TIMES, 50 TIMES?

>> WE'RE GONNA GONNA KNOW ONCE WE HAVE THE PLAN. I DON'T KNOW THAT WE CAN GIVE YOU A SOLID ANSWER TODAY. THAT'S THE PURPOSE OF THE PLAN, IS REALLY TO LAY ALL OF THEM OUT

SO WE WILL KNOW WHAT WE'RE UP AGAINST. >> WHEN WE MET WITH COUNCIL ON THIS BACK WHEN WE GOT THE ARPA MONEY, THE MAIN THING THAT WE WANTED TO DO IS START MAKING SERIOUS PROGRESS TOWARDS THIS BECAUSE EVEN IN OUR FIVE-YEAR PLAN, WE JUST WEREN'T ABLE TO SET ASIDE ENOUGH DOLLARS AND THIS WAS GOING TO BE A GREAT JUMP START FOR US.

>> IT'S REALLY ABOUT WATER CONSERVATION TOO. FOR THE LAST COUPLE OF DAYS, WE HAD GUYS OUT AND ALL THEY'RE DOING IS FLUSHING HYDRANTS. THEY'RE FLUSHING THEM ALL DAY TO REDUCE THE CHLORINE RESIDUAL BUT THIS WILL REALLY MAKE HUGE EFFORTS AND.

>> AND WITH THE ONCE COMPLETE THIS REDUCES THE NEED FOR THAT CHLORINE FLUSHING.

>> YEP, ABSOLUTELY. >> THE WATER DISTRICT -- >> RIGHT.

THAT WAS ONE OF THE ORIGINAL CONVERSATIONS, BRIAN. WAS, YOU KNOW, WE REALLY -- ONE OF THEIR MAIN TENANTS IS CONSERVATION, AND WE NEED TO BE ABLE TO SAY THAT WE CAN DO THAT.

SO... ALL RIGHT. I'LL GO AHEAD.

OKAY. NEXT. I'M ALMOST DONE, THEN IT'S BRIAN'S TURN. CIP TF. AS YOU ALL KNOW WE APPOINTED A CIPTF18 TO 24 MONTHS AGO. AT THAT TIME THEIR MAIN CHARGE WAS TO GO OUT AND GET CITIZEN INPUT RELATED TO FACILITY SELECTION. WELL, WHAT WOULD OUR FACILITIES WANT, WHAT WOULD OUR CITIZENS WANT TO SEE AND WHAT WOULD THEY SUPPORT TAX WISE? NEEDLESS TO SAY, WE FINISHED THAT UP, THEY MADE THE PRESENTATION IN DECEMBER, AND THEY WERE HERE, AND WHILE WE HAD PICKED AROUND THE ABILITY TO USE THEM TO REALLY EDUCATE THE PUBLIC ON THIS ELECTION, I WOULDLE RATHER TAKE ON MORE OF THAT ROLE AND GO OUT AND DO ALL

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SO THEY WOULD START IN JANUARY AND MAKE THE PRESENTATION TO COUNCIL.

THIS IS A CONDENSED SCHEDULE. I WILL TELL YOU, YOU SEE THE NAMES OF THE MEMBERS THERE.

JEFF IS HERE TONIGHT, SO I'M NOT SURE JEFF IS COMMITTED TO GOING FORWARD ON THIS.

>> I'VE HEARD FROM EVERYONE EXCEPT FOR -- >> WHAT WE DID IS WE SENT OUT AN EMAIL TO EVERYBODY AND SAID, HEY, IF WE MOVE FORWARD WITH THIS AND THIS IS THE CHARGE, WOULD YOU BE INTERESTED IN CONTINUING TO PARTICIPATE. LAUREN HAS SINCE HEARD FROM EVERYBODY EXCEPT ASA. AND THE NUMBERS THAT YOU SEE THERE WERE ACTIVE PARTICIPATES IN THE PROPERTIES. SO ANYBODY THAT WASN'T KIND OF FILTERED OFF EARLY IN THE PROCESS. BUT THIS WOULD BE THE SCHEDULE, MARCH 2023.

WHICH IS NOW WE'RE GOING TO FORM IT, WE WOULD ATTEMPT TO DO OUR FIRST MEETING LATER THIS MONTH TO REALLY DO AN ORIENTATION, INTRODUCE OUT NEW CIP MANAGER AND ENGINEERING TEAM, AND THEN LAURA AND I ARE PASSING THE BUCK TO THAT GROUP TO TAKE THE MAY 2024 BOND ELECTION FORWARD.

SO THEY WILL, AS SOME OF YOU KNOW, LAURA AND I HAVE DONE THIS FOR A FEW YEARS NOW, BUT WE DO HAVE A CIP MANAGER SO WE'LL BE ABLE TO PUSH THAT FORWARD. THERE WILL BE A DEPARTMENT PRESENTATION IN MAY. I WANT TO WAIT UNTIL AFTER THE ELECTION TO START THE PUBLIC INPUT FOR SOMETHING THAT WILL BE THE NEXT MAKE TO REDUCE ANY CONFUSION.

SO THAT'S WHY WE START THAT LATE MAY, HAVE THE ARPA PRESENTATIONS.

DO A TOUR IN JUNE. WE HAVE A VERY ELABORATE SCORING SYSTEM THAT ALLOWS -- BRIAN IS VERY FAMILIAR WITH IT AND I'LL PROBABLY HAVE TO STEAL HIS SPREADSHEET.

IF YOU COULD SEND THAT, THAT WOULD BE GREAT. HE HAS A VERY DETAILED SPREADSHEET THAT BALANCES IT ALL OUT. IT WOULD THEN GIVE THEM TIME TO BE READY IN DECEMBER TO FROANLT COUNCIL. ANY PACKAGED PROPOSED PROJECTS WE WOULD KNOW HOW MUCH FOR SURE BY THEN, WE WOULD BE ABLE TO COUNCIL SIMILAR TO WHAT WE DID THIS YEAR, GET A PRESENTATION IN DECEMBER, HAVE A CONVERSATION IN JANUARY, CALL AN ELECTION IN

FEBRUARY. YES, MA'AM. >> SPEAKING OF CONFUSION, SO IT SAYS THE INDICATED WHO WOULD BE INTERESTED IN NO LONGER BEING ON THE CIP --

>> YES MEANS THEY AREN'T INTERESTED. >> OH, OKAY.

>> CONTACT THE CURRENT COMMITTEE AS INDICATED BELOW. YES.

NOW, WHO WOULD BE INTERESTED IN -- >> OKAY.

I DIDN'T THINK THAT WAS RIGHT. >> IT IS NOT. SO LAUREN HAS HEARD FROM EVERYBODY BUT DR. ISLE. ONE OF THE CONCERNS WAS DO WE HAVE A GROUP THAT'S READY TO GO OR WE'D BE AIBL HAPPY TO GO THROUGH AN APPOINTMENT OR APPLICATION AND APPOINTMENT PROCESS. BUT WE HAVE HEARD FROM EVERYBODY.

SO WE WOULD BE READY TO GO. >> SO THE ONES WITHOUT A YES ARE NOT INTERESTED?

>> LAURA -- >> WE HAVE HAVE NOT HAD A CHANCE TO COORDINATE OUR RESPONSES.

>> I GOT HALF OF THEM UP HERE, I DID THE NOT GET ALL OF THEM. LAURA HAS HEARD FROM --

EVERYBODY SHOULD HAVE A Y EXCEPT ASA HATZEL. >> I SEE EIGHT NAMES HERE.

IS THAT SUFFICIENT FOR -- >> WE HAD A VACANCY, SOMEBODY DROPPED OUT, SO THERE WERE 9.

>> OKAY. I LIKE 9 AND DOING THREE SUBCOMMITTEES.

WE NOW HAVE A FORUM TO GET OUT THERE AND WORK THROUGH A LOT OF THIS STUFF.

>> AND IF THIS IS SOMETHING YOU GUYS WANT TO MOVE FORWARD WITH, WHAT YOU CAN DO IS SEND LAURA SOME IDEAS. AND THAT CAN COME BACK OR WE CAN --

>> YEAH, WELL -- >> SEE WHO'S INTERESTED IN -- >> WE WON'T HAVE TIME FOR PLIES.

BUT SOME PLAN FROM US, AND THEN HAVE A WORK SESSION ON IT. >> IF WE COULD HAVE ONE AND HAVE A COUPLE OF ALTERNATES, THAT MIGHT EVEN BE BETTER, BECAUSE FROM TIME TO TIME SOMEBODY CALLS OUT, SO, YOU KNOW, IF YOU'RE INTERESTED IN DOING THAT, I THINK JUST TEXT IT TO DR. HATS

AND WE'LL SEE. >> YEP. ALL RIGHT.

>> ALL YOU. >> YOU WANT ME TO HOLD AND TELL ME WHAT TO CLICK OR DO YOU WANT

THE CLICKER? >> YES, THAT'S FINE. SO COUNCIL AS YOU KNOW, THE CITY OF ROWLETT IS LIKE A PARENT CORPORATION WITH 30 OR 40 SUBSIDIARIES.

SO EVERY FUND IS A SUBSIDIARY. ALL OF THE STUFF BALANCING SET OF ACCOUNTS AND USUALLY THERE'S A DEDICATED PURPOSE. SOMETIMES IT'S LEGALLY DEAD THE INDICATED LIKE CERTAIN KIND OF

[00:30:04]

SO WE'VE DONE THAT, I WILL TELL YOU AND WE'LL DISCUSS THAT A LITTLE BIT MORE IN A COUPLE OF THE SLIDES. BUT THERE ARE SOME THINGS FOR EXAMPLE WHAT WE CONSIDER TO BE OUR CACHE CIP. THESE ARE CAPITAL PROJECT FUNDS WHERE WE SIT ASIDE CACHE EVERY YEAR. SOME TYPE OF PROJECT IS REALLY LARGE.

IT MIGHT TAKE TWO YEARS TO FULLY FUND IT. OTHERS WE'RE ABLE TO DO ANNUALLY. AS WE GO. MY POINT IS TECHNICALLY IT SAYS FUND BALANCE. BUT THESE ARE ALREADY ALL BUDGETED PRETTY MUCH BUDGETED DOLLARS. WE'LL SPEND MORE TIME AT A LATER DATE TO GO THROUGH ALL OF THOSE EXCESS BALANCES IN OUR PROJECT FUNDS, BUT I WANTED TO LET YOU KNOW THAT WITH THE EXCEPTION OF A FEW FUNDS LIKE THE GENERAL FUND, WHEN YOU SEE A POSITIVE DIFFERENCE, IT REALLY IS A POSITIVE DIFFERENCE. IT'S A RESERVE AMOUNT THAT EXCEEDS THE POLICIES.

BUT WITH SOME OF THE OTHERS, THEN, IT'S LIKE A -- ANOTHER ONE WHICH HAVE A BALANCE BUT SOME HAS BEEN SET ASIDE BY COUNCIL FOR ONE-YEAR DEBT SERVICE. SO BE AWARE OF SOME THAT HAVE.

>> AND WHERE WE ALREADY HAVE ALLOCATED PURCHASES, IT SAYS A MILLION-DOLLARS BUT THERE ARE ALLOCATED PURCHASES LIKE POLICE CARS THAT WE HAVE TO IN ORDER ADVANCE THAT WE HAVEN'T RECEIVED AND PAID FOR YET SO WE'LL BREAK DOWN SOME OF THESE MORE BUT THERE CLEARLY IS SOME SURPLUS RESERVES THAT GIVES US AN OPPORTUNITY FOR DOWNL TALK ABOUT.

WE DO HAVE VARIED POLICIES. THE GENERAL FUND FOR EXAMPLE, AND THE 25% POLICIED.

WATER AND SEWER HAVE 90 DAYS. WOULD YOU SAY WHY THE DIFFERENCE, AGAIN, THIS MAY BE A SUBTLY BUT WE TAKE THE A LOT OF OUR CLUES FROM THE RATING AGENCIES AND THEY RECOGNIZE THE FACT THAT FOR EXAMPLE YOUR GENERAL SPHUBLED A GOVERNMENTAL TYPE FUND WHEREAS YOUR WATER SEWER FUND HAS MORE PROPRIETARY OR ENTERPRISE TYPES OF ACTIVITIES AND THEREFORE IT DISTINGUISHES A DIFFERENT WAY OF THINKING ABOUT HOW YOU SET ASIDE THOSE RESERVES.

SO OUR CURRENT POLICY IS 25% FOR THE GENERAL FUND. WATER AND SEWER'S 90 DAYS.

THAT'S OUR CURRENT POLICY. REFUSE IS 5%. REFUSE SPHUBD AN INTERESTING ONE BECAUSE WITH THE EXCEPTION OF SOME SMALL AMOUNTS THAT WE SET ASIDE TO HELP DO SOME LIGHT SHORE CLEAN-UP AND THINGS LIKE THAT. EMPLOYEES FUND IS BASED ON 90 DAYS, SIMILAR TO WATER AND SEWER FUND BUT BASED ON BENEFIT CLAIM EXPENSE.

NOT THE ENTIRE BUDGET, WHICH MIGHT INCLUDE ADMIN COSTS AND SOME OTHER THINGS.

BUT BENEFIT CLAIMS. AND THEN OF COURSE ALL OTHER FUNDS, MOST OF OUR ?AWL SMALLER FUNDS DON'T ACTUALLY HAVE A RESERVE REQUIREMENT UNLESS IT'S MAYBE LEGAL.

BUT EVERY YEAR WE HAVE CONVERSATIONS AROUND BUDGET SEASON.

IS THERE ANYTHING WE NEED TO BRING TO COUNCIL TO CHANGE. NEXT SLIDE.

SO THE BOMB RATING AGENCIES, I WILL SAY THIS, THAT -- THE BOND RATING AGENCIES, THERE ARE TIMES THAT IT DOESN'T FEEL LIKE THERE'S MUCH RHYME OR REASON BY THE WAY THAT THEY DO IT.

WHICH IS RUFFIN THE REASONS WHY YOU ACTUALLY DO TWO OF THESE BOOTIES FOR EXAMPLE, FINANCIAL RATIOS OF REVENUES AND EACH ONE THINKS ABOUT THIS A LITTLE BIT DIFFERENT.

S&P GIVES MORE CREDENCE TO WHAT WE ASSIGN OR DON'T ASSIGN. SO FOR EXAMPLE IF COUNCIL SAYS HEY WE WANT TO SET $200,000 ASIDE FOR SOME FUTURE PROJECT THEY WILL TAKE THAT INTO ACCOUNT WHE MAKING THOSE CALCULATIONS. YOU KNOW, BUT BOOTIES EVEN HAS COMMITTED FUND BALANCES.

I KNOW THIS IS TOUGH TERMINOLOGY BUT JUST THINK ABOUT IT. IT SAYS UNASSIGNED, UNRESTRICTED, ESSENTIALLY MEANS AVAILABLE IF YOU WANT TO THINK IT THAT WAY.

AND THEN AGAIN, THE DIFFERENCE, S&P MOODY'S LOOKS AT GOVERNMENTAL FUNDS AND VIRTUALLY

[00:35:02]

AND I SAY THIS THAT'S IMPORTANT. WHEN WE CELL GEO BONDS, CEO BONDS, IT'S A FULL FAITH AND CREDIT TO THE CITY. WOULD YOU THINK THAT ONLY THE REVENUE SOURCES THAT AFFECT THAT DECISION SHOULD BE ALL THAT MOODY'S AND S&PS WOULD THINK ABOUT.

BUT MOODY'S THINKS ABOUT EVERYTHING. AND I THINK PART OF THEIR LOGIC WOULD BE THAT LET'S SAY WE HAD A TRUE CRISIS, WE MIGHT START LOOKING AT HAVING GENERAL FUND DOLLARS HELP YOUR ENTERPRISE FUNDS. OR ENTERPRISE FUNDS HELP GENERAL FUNDS. SO IT'S NOT UNPRECEDENTED, BUT IT DOES DISTINGUISH BETWEEN HOW THE TWO DIFFERENT RATING AGENCIES THINK. NEXT SLIDE.

>> HAVE WE EVER LOOKED AT -- >> WE HAVE. I DO KNOW THAT AT LEAST EVERY YEAR WHEN THEY -- WHEN OUR RATING -- WHEN OUR FINANCIAL ADVISERS HELP US WITH THIS DECISION POINT, AT LEAST IN THE PAST, THEY HAVE LOOKED AT OTHER RATING AGENCIES AND I BELIEVE IT HAS BEEN -- MIGHT HAVE BEEN ALL THE WAY BACK TO WHEN WE FIRST GOT HERE, WE ACTUALLY DID USE ANOTHER RATING AGENCY ONE YEAR, AND I DON'T REMEMBER WHY, I THINK WE JUST GOT TURNED OFF BY -- ALMOST LIKE DOUBLE THE COST OF THE PREVIOUS, YOU KNOW, BOND ISSUANCE.

AND THEN MY PREVIOUS -- WE USED THIS. BUT I WILL TELL YOU THAT AT LEAST THE LAST NUMBER OF BOND ISSUANCES, WE REALLY HAVE NOT HAD A REASON TO CHANGE.

YOU KIND OF WONDER IF IT'S LIKE HOMEOWNER'S INSURANCE IS GOING TO PERIODICALLY GO OUT AND REPRICE IT TO MAKE SURE YOU'RE NOT GETTING THE SHORT END OF THE STICK.

>> WE'VE USED THEM BEFORE. IN TERMS OF SURPLUS DOLLARS, WE'RE GOING TO-- I'M GOING TO EXPLAIN WHAT WE'RE GOING TO TALK ABOUT. THE GENERAL FUND, WE'VE GOT 4.9 MILLION. ABOVE AND BEYOND THE 25%. COUNCIL, YOU'LL REMEMBER A COUPLE OF WEEKS AGO WE TALKED TO YOU GUYS ABOUT IT. WE ACTUALLY HAD JUST OVER $5 MILLION AND SET ASIDE A COUPLE HUNDRED THOUSAND DOLLARS TO HELP US JUMP START SOME OF THE PROJECTS WE HAVE DOWN AT THE POLICE BUILDING. WATER WATER AND SEWER, WE ARE WAY ABOVE POLICY. SO -- AND I'M GONNA TALK MORE ABOUT THIS IN A MINUTE.

AND AT THAT TIME, YOU KNOW, WE -- WE ARE GOING TO MAKE A PITCH.

THIS IS GONNA BE OUR ARGUMENT. WE WOULD LIKE TO INCREASE THE DAYS OF OPERATING CASH FROM 90 DAYS, MAYBE EVEN DOUBLE THAT. WE'LL TALK THAT OUT WITH YOU HERE IN JUST A BIT.

LET ME GET THROUGH SOME OF THIS OTHER STUFF FIRST. BUT WE DID TAKE 2% AND USE THAT TO BUY CHASE BANK SO WE COULD MOVE THE UTILITY BUILDING AND METER SERVICES OVER THERE.

INSPECTION FEES, WE HAVE ABOUT $2 MILLION IN THERE. THIS IS ALMOST LIKE CAPITAL PROJECTS. IN OTHER WORDS, THE DEVELOPER COMES IN, THEY HAVE TO PAY ALL THESE THINGS UPFRONT. BUT IT STILL MAY TAKE ONE, TWO, THREE YEARS FOR THE PROJECT TO BE FINISHED. AND ALL OF THE INSPECTIONS GET DONE.

SO THERE IS A TIME WHEN YOU HAVE A FUND BALANCE IN THERE, BUT REMEMBER, THESE FUNDS HAVE TO BE USED FOR THIS PROJECT. YOU CAN'T SPEND THIS ON SOMETHING ELSE AND THEN NOT BE ABLE TO COMPLETE THE INSPECTIONS. INNOVATION FUND, THIS IS SOMETHING WE STARTED A COUPLE OF YEARS AGO. VERY SIMILAR TO THE PER.

THE IDEA IS TO START BUILDING A CONSISTENT AMOUNT OF CASH YOU SET ASIDE EACH YEAR AND ONCE OUR TEAM KNOWS THAT THEN THEY CAN BALANCE WHAT PIECES OF EQUIPMENT GETS BOUGHT WHAT YEAR.

YOU DON'T WANT TO HAVE EVERY FEW YEARS, OH, NOW, WE HAVE TO BUY SWITCHES.

OR NOW WE HAVE TO BUY THIS. FOR A LONG TIME WE ANNUALLY. BUDGETED TO REPLACE COPIES, BUT AS Y'ALL KNOW EVEN WITH TECHNOLOGY, IT'S FAR MORE THAN JUST COMPUTERS.

WE'RE -- REFORCE STATION, DEDICATED FUNDS. THAT'S ONE THAT WE USE, WE COLLECT FROM DEVELOPERS WHEN THEY HAVE TO COME IN AND PROPOSE TO DHIEWNL WE NEED TO TEAR OUT SOME STREETS, HAVE TO GIVE THE CITY SOME FUNDS SO WE CAN PUT THOSE BACK IN AND OF COURSE PARK

RESTORATION. >> AND ON THAT PARK RESTORATION,

>> SO FAR I'LL NEED AN INNOVATION FUND. IS THAT -- HELP ME UNDERSTAND WHY WE NEED TO SET ASIDE CASH EVERY YEAR TO REPLACE WHAT I WOULD THINK WOULD BE LIKE

DPREESHTIAL AT SETS. >> -- DEPRECIATABLE ASSETS. >> AND WHAT ARE THE KIND OF

[00:40:08]

THINGS WE HAVE TO DO, JOEY? >> SO WE'LL HAVE ALL OF THE SERVERS ON A FIVE-YEAR REPLACEMENT PLAN. I HAVE ALL OF MY NETWORK HERE AS LONG AS IT DOESN'T HAVE A WHOLE THE LOT OF PARTS ON A 7-YEAR PLAN. OBVIOUSLY THE VENDOR WILL STOP SUPPORTING IT AT ONE POINT. I'M TRYING TO KEEP THEM REFRESHED, AND THAT'S WHAT THIS

MONEY IS FOR. >> I THINK SO, IF WE HAVE TO MAKE A PURCHASE UPFRONT AND THEN WE EXPENSE THAT OVER THE COURSE OF SEVERAL YEARS, FIVE YEARS, SEVEN YEARS, AND THEN WE GET TO THE END OF LIFE WITH THAT PIECE OF EQUIPMENT, THEN THE EXPENSE STAYS CONSISTENT.

WHAT DO WE HAVE TO SET ASIDE CASH FUNDS. >> REPORTER: THIS IS ABOUT

BUGGING. AND NOT REALLY ABOUT -- >> THE DEPRECIATION AND STUFF.

SO. >> SO IT'S MORE OF OF A CASH FLOW CONCERN.

>> IT IS, ABSOLUTELY. AND LET ME GIVE YOU THIS EXAMPLE.

SO WHAT WE DON'T WANT IS WHAT I CALL THE DREADED DEPUTY, WHERE YOU FIND IT, THEN NEXT YEAR YOU DON'T, NEXT YEAR YOU GOTTA FUND MORE. NEXT YEAR YOU DON'T.

SO THERE'S NOT -- YOU CAN'T PLAN AROUND IT. SO WHAT WE CHALLENGED HIM WAS -- AND I'M JUST GONNA SAY IT BLUNTLY. IT'S NOBODY'S FAULT, BUT IT'S

MINE BECAUSE I'M THE KID'S MANAGER. >> BUT EVERY BUG YEAR HE SEEPS LIKE WE SIT THERE AND SOMETHING HAS NOT BEEN BUDGETED FOR . THIS YEAR WHAT DO WE CALL IT, MY

BOXES -- WHAT ARE THEY? >> THE HEALTH ACONS. IS THAT WHAT IT IS? EVERY YEAR SERENA WILLIAMS LIKE THERE'S SOMETHING. WHAT WE CHALLENGED JOEY WITH A COUPLE YEARS AGO, LOOK, LET'S TREAT IT LIKE OUR VEHICLES. AND BUILD US A MULTI-YEAR PLAN THAT SAYS IF WE COULD FUND X DOLLARS PER YEAR, THEN YOU CAN CYCLE THROUGH ALL OF THE DIFFERENT TYPES OF WOMEN YOU HAVE TO REPLACE WHEN WE NEED TO REPLACE THEM.

AND IN THE PAST, WE'VE DRIVEN VEHICLES UNTIL THEY BASICALLY BREAK.

YOU CAN YOU CANNOT DO THAT WITH TECHNOLOGY. IT'S A SECURITY ISSUE, CYBER SECURITY, AND ARE SO WE HAVE HAD SOME BAD EXPERIENCES IN THE PAST.

SO ANYWAY, THAT'S WHAT THOSE FUNDS FOR, AND THE SAME THING WITH THE FERT.

THE FERT IS DIFFERENT THAN THIS. WE ALSO HAVE THE HE HE EMPHASIZE PROGRAM WHICH TENDS TO BE ROLLING STOCK AND WILL THE NOT BE LIKE OUR YELLOW IRON OR REALLY QUICK DUMP TROPICAL DEPRESSION, FREMS. THE BIRTH PAYS FOR THOSE. SO AGAIN YOU HAVE TO HAVE AN ASSISTANT AMOUNT OF CASH GOING INTO THAT FUN. SO THAT -- THAT WHEN YOU HAVE TO REPLACE A PIECE EQUIPMENT, THE MONEY IS ALREADY THERE. SO YOU'LL HAVE MONEY FROM THAT ACCOUNT FROM YEAR TO YEAR, AND THE BALANCES MAY COME UP, UP AND DOWN AND YET YOU'RE REREPLACING

YOUR EQUIPMENT. >> RYE. I CAN WHITE YOU WOULD DO THAT IS IT WOULD BE YOU PAY FOR THE ASSET AND EXPENSE IT OR ADVERTISE IT OVER THE FIVE YEARS, AND THIS THIS IS KIND OF THE VIT TO BE ABLE TO BUILD UP HELP IN.

THIS IS THE NOT FOR YOU. >> NO, AS A MATTER OF FACT, I APPRECIATE YOU ASKING ME THAT, MIKE. BECAUSE OUR PRACTICE FOR BUDGETARY PURPOSE IS IF WE HAVE AN PARTIAL WHO WANTS TO ASK FOR A NEW PHYSICIAN, IS A SANU PROGRAM OR PROJECT, ALL THE COST HAS TO BE DONE. LIKE A POSITION DOES IT NEED A VEHICLE, DOES IT NEED A COMPUTER, LESS BUDGET FOR ALL OF IT AT ONE TIME. SO IF COUNCIL SAID YES IT'S NOT JUST THE BENEFITS BUT ALSO WHAT YOU HAVE TO DO TO BE NUMBER ONE TO GET THAT POSSESSION.

AFTER, THAT IT GETS ROLLED INTO OUR PLANS FOR THESE FUNDS. >> THANK YOU.

>> ALL RIGHT. >> ANGIE. >> YOU MENTIONED 90 DAYS ON THE WATER AND WHAT COMES TO MIND IS THAT -- IS EVERY 90 DAYS IN AWARE THE SAME AS EVERY OTHER 90

DAYS IN WATER OR IS IT SEASONAL? WHICH 90 DAYS ARE WE USING. >> I THINK THAT'S A GOOD COUNCIL. BUT THIS IS GOING TO TO TO PLAY WHETHER WHEN WE TALK ABOUT YOU BUT NOT HE HE -- 4.8 THERE, AND I THINK THAT'S 4.8 BASED UPON THE THE AT BEGINNING, NOT

NECESSARILY THE RESERVES AT END. >> THAT IS BASED ON THE 5.1 IS ACTUALLY AVAILABLE AS OF OUR MOST RECENT BUDGET THAT HAS BEEN PRESENTED PLUS WHAT COUNCIL HAS ALREADY ALLOCATED IN PREVIOUS

[00:45:02]

SUBSTITUTE, AND WHAT WAS THE OTHER ONE? >> PUBLIC POLICE.

SO ZACH 521 IS WHAT WE HAVE ALREADY ALLOCATED ON? THAT THAT'S NOT TAKING INTO CONVERSATION NEXT YEAR'S. SO IF WE WANT TO HAVE TWI% PRESERVED AT THE END OF 2023,

THEN WE NEED TO MAKE SURE THAT -- >> HOW DO YOU DROP IT DOWN?

>> YEAH, WE CAN'T SPEND A MILLION OF THAT, TO MAKE SURE WE STAY AT 25% BY THE END OF 2023.

>> WE MAY NOT BE ABLE TO DO IT TONIGHT BUT CAN WE CALCULATE THAT ACTUAL DIFFERENCE.

>> ROUGHLY AROUND A MILLION-DOLLARS. >> SO YOU'RE SAYING 3.8 MILLION

IS THE TRUE -- >> YES AND INCREASE THE SUSPENDED TOURS FOR THE BUDGET.

SO OUT OF THESE -- SO THE REFUGE FUND, THE DRAINAGE FUND, THE GOLF FUND AND EMPLOYEE BENEFITS FUND. I WILL TELL YOU THAT WE ARE NOT PROPOSING ANY POLICY LEVEL CHANGES. REFUGE AND DRAINAGE, I WOULD ARGUE THAT WE DON'T WANT TO TAP INTO THIS VERY MUCH BECAUSE YOU ALSO NEED OPERATING CASH TO BE ABLE TO WORK FROM THIS.

AND, YOU KNOW, IN OUR ENTERPRISE FUNDS YOU DO GET A LOT OF ASSETS TIED UP INTO ACCOUNS RECEIVABLE, WHICH IS WHAT YOU SAW ON THE UTILITY FUND WHICH WE'LL TALK WATER AND SEWER HERE IN JUST A LITTLE BIT, A LOT OF THAT IS CASH BUT SOMETIMES IN THESE OTHER FUNDS A LOT OF THIS IS TIED UP IN RECEIVABLES. EMPLOYEE HEALTH BENEFITS FUNDS, THAT IS, IN MY MIND, AVAILABLE BECAUSE WE'VE LOCKED IN THE 90 DAY BENEFIT PAINTS. I WILL SAY THAT IN THE PAST, WE'VE HAD SOME EXCESS THERE. AND WE'VE RETURNED THAT BACK TO THE GENERAL FUND THE REASON THAT THE 90 DAYS SO IMPORTANT IS THAT THERE HAVE BEEN YEARS WHERE WE DIDN'T HAVE ENOUGH ASSETS AND THE GENERAL UTILITY FUND HAD TO ADD MONEY INTO THE EMPLOYEE BENEFITS FUND.

BUT IT HAS BEEN A NUMBER OF YEARS SINCE WE'VE ACTUALLY HAD TO HELP THE FUND, IT HAS -- THAT IS PRIMARILY BECAUSE WE ARE MAINTAINING THAT 90 DAYS WHICH IS HELPING US.

NEXT. AND THEN THIS IS THE ONE WE WERE TALKING ABOUT THAT SOME OF THIS TRULY REPRESENTS EXCESS BALANCES FROM PROJECTS THAT HAVE BEEN FINISHED AND THAT'S THE CONVERSATION YOU'RE GOING TO HAVE, EITHER IN APRIL OR MAY, WHENEVER THAT DATE WAS, WHERE WE'RE GOING TO LIST ALL OF THOSE PROJECTS, SOME THAT MAY NEED EXTRA MONEY, SOME THAT HAVE EXTRA MONEY, AND WE WILL HAVE ALL OF THOSE BECAUSE AS Y'ALL KNOW WE HAVE, I DON'T KNOW, 100

PLUS PROJECTS THAT WE'LL HAVE THAT DISCUSSION ON. >> BUT THESE ARE DIFFERENT IN THE SENSE THAT THESE ARE ONE TIME EXPENSES, NOT OPERATING EXPENSES.

YOU KNOW, WE'VE ALLOCATED FOR THESE. WE'VE HAD IN EXCESS SO DON'T

HAVE TO WORRY ABOUT HOLDING BACK FOR FUTURE CONTINGENCIES. >> YEAH.

SO TECHNICALLY TO YOUR POINT, THIS IS NOT EXCESS MONEY. WHAT WE ARE SEEING, ALL OF THESE FUNDS ARE ACTUALLY TIED UP INTO A BUDGET OF SOME KIND BUT WE ARE ACKNOWLEDGING TO YOU, TO ALL Y'ALL, THAT THERE ARE SOME PROJECTS THAT WERE FINISHED THAT STILL HAVE A POSITIVE TBHAL THERE AND THAT'S WHAT WE'LL -- BALANCE THERE AND THAT'S WHAT WE'LL COME BACK WITH YOU ON HOW WE MIGHT ALLOCATE SOME OF THOSE DOLLARS. OKAY, NEXT.

SO HERE -- SO YOU'LL SEE SOME POTENTIAL PROJECTS HERE IN A LITTLE BIT THAT ANGIE IS GONNA COVER. BUT I DO WANT TO YOU KNOW THATTED AFTER WE'RE REVIEWING ALL OF OUR POLICIES WE DO NOT PROPOSE CHANGING THE GENERAL FUND AT THIS TIME, AND I WANT TO MAKE ONE THING CLEAR ABOUT THIS. WHEN YOU MAKE A DECISION AS TO WHAT RUR RESERVE REQUIREMENT SHOULD BE, IT SHOULD BE BASED ON YOUR PARTICULAR COMMUNITY, AND SO FOR EXAMPLE IF YOU LIVE IN A SKI TOWN IN THE MOUNTAINS, YOU MIGHT HAVE A YEAR WITH NO SNOW. AND AND 10% FUND BALANCE DOES NOT WORK. OUR REVENUES IN ROWLETT ARE GOVERNMENTAL REVENUES, VERY STEADY. THEY ARE VERY CONSISTENT SO WE DON'T HAVE THE TIEWJ

[00:50:06]

WE ARE CONFIDENT WITH OUR 25%. SO IF WE REALLOCATED THAT 3.8 MILLION-DOLLARS OR WHATEVER, THEN WE'RE CONFIDENT WE CAN LIVE WITH THAT. WATER AND SEWER FUND ON THE OTHER HAND, TO YOUR POINT EARLIER, BRIAN. SO THE 90 DAYS IS BASED ON JUST THE AVERAGE FOR THE WHOLE YEAR BUT WE DO KNOW THAT WATER AND SEWER CAN HAVE BAD YEARS.

IN 2004 WE WE HAD THE SECOND COLDEST AND WETTEST JUNE ON RECORD.

THAT WAS LIKE A MILLION-DOLLAR HIT. THAT'S NOT OKAY.

THAT'S NOT OKAY. >> I JUST FOUND OUT WE ARE BROADCATING AND THE REASON FOR THAT IS REGARDLESS OF WHETHER WE ARE TO SELL WATER TO OUR CUSTOMERS, THEY ARE NOT USING A LOT. WE'LL SELL IT TO THEM SO WE'RE NOT GENERATING REVENUE FROM THE SALES, WE STILL HAVE TO PAY THE WATER DISTRICT FOR THAT SAME AMOUNT OF WATER REGARDLESS OF

WHETHER IT'S BEING USED OR NOT. SO THAT IS A RISK THAT -- >> SO, IT IS A LARGE -- WE HAVE TO, TO YOUR POINT WE HAVE TO PAY 2.2 BILLION GALLONS OF WATER EVERY YEAR WHETHER WE SELL ONE DROP OR NOT. PART OF THE GOOD NEWS IS ONE OF THE REASONS THIS BALANCE HAS INCREASED IS THAT WE ARE HE SELLING MORE WATER THAN WE'VE BEEN PLANNING FOR.

THEY'RE JUST A FEW YEARS AGO COMING OUT OF THE DROUGHT, WE WERE SELLING 2.1 BILLION

GALLONS, 2 BILLION GALLONS. >> SO THAT'S HELPED WITH SOME OF THOSE RESERVES.

I WANT TO ASK WENDY TO TOUCH ON THIS A LITTLE BIT, BUT WE WANT TO PROPOSE GOING TO 180 DAYS, BUT ESSENTIALLY THE REASON IS THAT TO MAKE SURE WE'RE INS THELATED FROM THE BAD YEAR.

I WANT YOU TO UNDERSTANDS THAT THIS IS POLICY, POLICY LEVEL OF DISCUSSION.

ULTIMATELY YOU HAVE TO DECIDE WHAT'S RIGHT FOR THE COMMUNITY. WE BELIEVE IT NEEDS TO BE INCREASED. WE WOULD LIKE IT TO BE INCREASED TO 180 DAYS AND WE'VE GOTTEN GUIDANCE FROM OUR FINANCIAL ADVISER AS TO WHAT WE BELIEVE THAT THEY SEE FROM THE RATING AGENCIES AND IF WE CAN GO TO 180 DAYS AND MAINTAIN 180 DAYS, WE SHOULD BE INSULATED FROM POSSIBLE RAYING DROPS IN THE FUTURE. AND REARS WHY THAT'S IMPORTANT.

ROWLETT IS A FULL DOUBLE A RATED C FOR GOLFAL BONDS. WE ARE DOUBLE A MINUS FOR WATER AND SEWER THAT IS EXTRAORDINARY. A LOT OF CITIES ARE BARELY -- THERE'S SUCH VOLUME FACILITY THAT MARKET. SO WE REALLY ARE STRONGLY RECOMMENDING TO INCREASE THIS.

IF YOU SAID, HEY, YOU WANT TO ONLY DO 150 DAYS, LET US ARGUE WITH YOU, BUT IF THAT WAS THE DECISION, AND THAT FREED UP 30 DAYS, THAT'S STILL BETTER THAN 90.

BUT I WANT TO MAKE SURE YOU UNDERSTOOD THAT THIS IS A POLICY-LEVEL CONVERSATION WE'RE HAVING WITH YOU AND WE'RE RECOGNIZING THE RISK THAT WE SOMETIMES HAVE FROM WEATHER THAT DOES NOT REALLY AFFECT THE GENERAL FUND LIKE IT DOES WATER AND SEWER.

>> AM I READING THIS RIGHT THAT IF WE WERE TO GET A HIGHER RATING IT'S GONNA BE CONTINGENT

ON GETTING THE 250 DAYS? >> YES. AND HONESTLY I DON'T KNOW THAT WE HAVE TO DO THAT. AND HERE'S WHY. HERE'S WHY.

YOU'RE ALREADY A DOUBLE A RATED CITY, TO BUY AAA INSURANCE, SOMETIMES WE DON'T EVEN DO IT BECAUSE THE INTEREST DIFFERENTIAL IS NOT ENOUGH TO JUSTIFY THE PREMIUM.

IF YOU'RE AN A-RATED CITY, THEN MOST OF THE TIME YOU'RE GOING TO PAY THE PREMIUM.

>> SO THAT ANSWERED MY QUESTION, WHICH WAS, THE 180 DAYS INCREASING FROM 90 DAYS ISN'T

[00:55:07]

>> I'LL TELL YOU HOW CLOSE WE ARE JUST TO GIVE YOU MORE PERSPECTIVE ON THAT, WHY THIS CAME INTO PLAY AND THEY RECOMMENDED IT. BECAUSE CURRENTLY TO MAINTAIN OUR READING THAT WE'RE IN RIGHT NOW -- RATING THAT WE'RE IN RIGHT NOW REQUIRES $20 -- THEY LOOK AT YOUR FUND AND THEY REQUIRE $20 MILLION. WE'VE GOT $24 AS OF THIS PAST

FISCAL YEAR END. SO THAT'S -- >> WHAT HAS CHANGED FROM THE 90

DAYS TO -- >> THE BOND RATING AGENCY, ONE OF THEM JUST CHANGED IN NOVEMBER. THEY CAN CHANGE AT ANYTIME. THEY'RE NOT CONSISTENT ALL THE TIME. THEY'RE -- BOTH OF THEIR RATING SCALES ARE DIFFERENT.

THEY CHANGE THEIR RATING, METHODOLOGIES THROUGHOUT THE YEARS.

AND JUST DEPENDS ON WHAT THEY'RE SEEING IN THE ECONOMY. THE VOLATILITY, AND THEY ADJUST THEIR SCALES ACCORDINGLY TO THAT, TO MAKE SURE THAT HOW THEY'RE RATING IS APPROPRIATE.

FOR WHENEVER -- >> SO BASICALLY YOU'RE SAYING KIND OF RYAN'S LINE, YOU'RE

THINKING WE NEED $40 MILLION. >> NO. MOVING UP TO 180 DAYS ACTUALLY

TAKES US UP TOLE $20 MILLION TO MAINTAIN THAT AREA. >> AND WE'RE AT 24.

HOW MANY DAYS IS THAT? >> THE REASON WHY THAT SOUNDS CONFUSE SOMETHING BECAUSE WHEN THEY LOOK AT OUR WATER SEWER RATING, WE HAVE A COMBINED FUND BALANCE.

THEY LOOK AT OUR EFFORT, THAT INCLUDES OUR WATER SEWER THE OPERATING, WHICH IS THIS FUND, OUR WATER SEWER IMPACT FEES AND OUR WATER TO GET SERVICE ALSO. SO THEY'RE LOOKING AT THE CASH IN ALL OF THOSE FUNDS PUT TOGETHER, AND IN ORDER TO MAINTAIN THE FULL $20 MILLION COMBINED WITH ALL OF THOSE WE WOULD NEED TO DO THE 180 DAYS IN WATER SEWER FUND BECAUSE DON'T EVER KNOW WHEN YOU'RE GOING TO USE YOUR -- AND YOUR DEBT SERVICE THAT GOES OUT THROUGHOUT THE YEAR. ALL THAT GOES OUT IN DEBT SERVICE, GOES IN AND THEN OUT.

SO THAT $20 MILLION IS REALLY HINGING ON THE WATER THE OPERATING AND IMPACT FEES.

>> SO WE'RE AT 210, 215 DAYS ON HAPPENED RIGHT NOW? >> I BELIEVE -- I NEED TO PULL

THAT UP, BUT IT'S ABOUT THAT, YES. >> SO I THINK THE REASON I ASK THAT QUESTION IS I WOULDN'T WANT TO SET A POLICY THAT SAYS WE NEED TO BE 180.

RIGHT NOW WE'RE AT 181, TOMORROW WE'RE AT 179, AND THEN THERE'S BREACH OF POLICY.

SO WE NEED TO HAVE ENOUGH THAT WE CAN STAY WITHIN POLICY WITH JUST THE NORMAL COST OF

BUSINESS. >> SO IF WE WERE TO GO TO 120 DAYS, WE COULD HAVE A REDUCED

BOND RATING THAT'S WHAT S&P IS TELLING US? >> WELL, NO.

IF OUR CASH DROPS BELOWED $20 MILLION BUT IT WERE TO MAINTAIN THE $20 MILLION AT THE RATE

WE'RE GOING RIGHT NOW, WE WOULD NEED THE 180 DAYS. >> IT'S VERY COMPLICATED.

THEIR RATING METHODOLOGY. >> IT'S PRETTY FRUSTRATING. SO EARLIER THIS WEEK, WE LOOKED AT THE RATES WE WERE GETTING ON BONDS AND I THINK OUR GOS WERE ESTIMATED AT 4.14 AND THE WATER

WAS ESTIMATED AT 4.17. RIGHT. >> BASED UPON CURRENT RATING?

>> YES. >> AND CURRENT RESERVE LEVELS. >> YES.

AND I SPOKE TO OUR FINANCIAL ADVISERS TODAY AND ACTUALLY THE MARKET RIGHT NOW IS RIGHT AT 4.

SO BY THE TIME THAT WE GO TO THE MARKET FOR OUR GO, WATER AND SEWER, IN THREE WEEKS, THE VOLATILITY COULD TICK UP A LITTLE BIT AND WE COULD SEE A LITTLE BIT BETTER.

>> I ASSUME WE HAVE THESE FUNDS INVESTED SOMEWHERE. >> THIS GOES INTO OUR TEXT POOL AND PART OF THAT DECISION MAKING WITH OUR INVESTMENT ADVISERS, YES.

>> SO IS THERE OPPORTUNITY TO DO THIS IN INCREMENTS AS OPPOSED TO ONE LARGE CHUNK?

THIS IS ABOUT -- I MEAN, ESPECIALLY THE $16 MILLION -- >> NO, WE'RE ALREADY THERE.

HER POINT IS WE'RE ALREADY THERE. WE'VE GOT $24, WE NEED $20.

>> YEAH, BUT MY QUESTION IS IN TERMS OF NUMBER OF DAYS. WE'RE AT 90 NOW.

>> FOR THE POLICY, OKAY. OKAY. >> MY ISSUE WITH THAT IS IF WE GO BELOW 180 DAYS, I'M BEING TOLD THAT CASH ON HAND THAT OUR BOMBED RATING COULD SUFFER.

THAT'S A HUGE PROBLEM. >> WELL, MAYOR, IF YOU'LL REMEMBER WE ONLY JUST GOT THE

[01:00:07]

THEY ONLY JUST RECENTLY MOVED US TO DOUBLE A MINUS. >> TIME TO START SHOPPING...

>> I WOULD THINK WITH SOME OF THE OTHER CONVERSATIONS THAT WE'RE HAVING WITH THE DISTRICT THAT IT WOULD BENEFIT US TO BE IN HE BEST FINANCIAL POSITION WE COULD BE IN.

>> ABSOLUTELY. >> IT DOES. WE ALSO HAVE TO RECOGNIZE WE MAY

HAVE SOME EXPENSES. >> YES. >> THAT'S WHY PROBABLY -- I HAD

669 DOLLARS WORTH OF PROJECTS I WANTED TO PAY FOR OUT THIS. >> $669?

>> $669,000.

>> I WAS GOING TO WRITE A CHECK.

PROJECT FUND TO PAY FOR -- I'D RATHER REALIZE THE $670,000 FROM THIS IF POSSIBLE.

>> WHAT ABOUT THIS, WHY DON'T WE -- IS IT A POSSIBILITY TO TAKE THAT FROM THE CIP CONVERSATION BECAUSE THERE'S A POSSIBILITY THAT THERE ARE SOME FUNDS IN OUR CASH FUND THAT --

>> OKAY. IT MAY BE, MAYOR, TO TAG ON WHAT YOU'RE SAYING, IS THAT IF COUNCIL IS COMFORTABLE ENOUGH TO PROVIDE CONSENSUS TO BRING BACK AN AAMENDMENT FOR THE 180 DAYS, BUT THAT WITH WE PARKED THE 600,000, AND IF WE CAN'T PIEBLED IT ELSEWHERE, THEN WE DIP INTO IT. BUT IF WE CAN, WE MAKE IT UP IN SOME OTHER FASHION.

>> WHAT'S OUR TIME FRAME? >> THERE'S NOT A DEADLINE. >> I SUGGEST WE WAIT TO DO THAT

FORMAL ADOPTION IN MAY OR JUNE. >> COUNCIL IS COMFORTABLE AT LEAST IN PRINCIPLE WITH THE

IDEA? >> I FEEL LIKE WE HAVE TO. WE HAVE THE OPTION OR SOME FUTURE COUNCIL HAS THE OPTION AND WE'RE ADVISING THAT. I JUST GET THIS TIJING FEELING BECAUSE I KNOW THAT WE'RE LIKELY GOING TO HAVE TO DIP INTO TO FUND SOME THINGS IN THE FUTURE WITH REGARDS TO CONTRACT. THE RATING AGENCIES, DO THEY FROWN UPON CREATING A POLICY AND GOING BACKWARDS, GOING DOWN, LOWERING THE RESERVE? LET'S WORK OUR WAY AS OPPOSED TO

[01:05:15]

BUT THAT RIGHT THERE WOULD RISK -- WELL, OKAY, I HEAR WHAT YOU'RE SAYING.

YOU SAID AS LONG AS WE HAVE THE CASH ON HAND, ARE THEN THAT'S SUFFICE FOR THEM NOT TO CREATE A

NEGATIVE RATING FOR A BOND, RIGHT? >> THAT IS THE AREA OF THE

RATING CRITERIA THAT WE WERE -- WAS THE ACTUAL EQUATION. >> BUT THAT DOESN'T.

THE RATING ONLY THE CASH ON HAND. >> RIGHT.

BUT THE -- THAT'S CORRECT. YOU'RE CORRECT. BUT BECAUSE THE WATER AND SEWER FUND DRIVES THE MAIN BALANCE OF THAT CASH IS WHAT DICTATES -- WE'RE ONLY GOING TO HAVE A 90 DAY AND IF WE STICK TO THAT THAT WILL DRIVE THE CASH DOWN SOMETIMES.

IT GIVES US THE ABILITY TO STEP SIDE SOME OF THIS DECISION MAKING BUT I THINK THAT TO YOUR POINT EARLIER, WE'RE NOT IN A HURRY, SO WE COULD HAVE THE CAPITAL PROJECT CONVERSATION, BALANCE CONVERSATION, AND THEN BASED ON, THAT MAKE A -- BRING BACK THE POLICY ITSELF FOR

WHATEVER LEVEL THAT YOU. >> I'D RATHER DO THAT. >> I WOULD BE IN FAVOR OF THE POLICIES REALLY DRIVEN BY THE CASH TO WHAT YOU WERE TALKING ABOUT.

I DON'T THINK WE SHOULD EVER DROP BELOW THE $20 MILLION IF THAT'S WHAT'S DRIVING IT.

SO THEY HAVE SOME THAT COME IN, SO TO ME, IT'S A CHICKEN AND THE EGHT.

I THINK REALLY PAYING ATTENTION TO OUR RESERVE POLICY EGG.

>> WELL THEY DO LOOK AT OUR POLICY. BUT WE CAN HAVE MORE THAN THAT MINIMUM. POLICY IS JUST STATING THE MINIMUM.

>> THAT'S CORRECT. >> YEAH. >> SO AM I CORRECT IN REMEMBERING THAT FROM 10 MINUTES AGO THAT THIS IS A CHANGE THAT'S BEEN HAPPENING SINCE NOVEMBER FROM THE RATING AGENCIES AND THEN THE BASIS OF THAT IS THEREFORE ASKED IN WHAT'S GOING

ON IN GENERAL ECONOMIC CONDITIONS? >> YEAH.

THIS IS JUST THE S&P CHANGE. SO IF THEY DON'T CHANGE AT THE SAME TIME, THEY DON'T EVEN HAVE

THE SAME A METHODOLOGY. >> THEY'RE LOOKING ESSENTIALLY FOR A DOWNTURN IN THE ECONOMY THAT'S GOING TO DRIVE DOWN THE ABILITY TO BUY AND PAY FOR WATER AND SEWER.

>> WELL, I THINK WHAT THEY'RE REALLY LOOKING AT IS THEY'RE LOOKING AT WHAT THE COST OF

WATER IS. >> YEAH. >> THAT'S WHAT THEY'RE LOOKING AT. THEY WANT TO YOU KNOW THAT THEY'LL HAVE THE ABILITY TO CONTINUE TO KEEP UP THE COST OF WHAT WATER WILL BE FOR THE CITIZENS AND EVERYTHING LIKE THAT. I AGREE WITH THAT. THAT'S GONNA BE EXPENSIVE IN THE

FUTURE. >> MANY PEOPLE KNOW TEXAS IS DEALING WITH A SITUATION WITH

WATER. >> ONE POINT I DO WANT TO MAKE, THOUGH, BRIAN YOU MADE A GOOD POINT OR MAYBE IT WAS THE MAYOR. BUT I THINK THIS REALLY POSITIONS US VERY WELL FOR THIS CONVERSATION THAT WE'RE HAVING THIS YEAR. SO I THINK WHAT WE'LL DO IS WE'LL HAVE THE CAPITAL PROJECT BALANCES CONVERSATION LATE APRIL, WHATEVER THAT DATE IS.

AND THEN WE'LL MAKE A DECISION ON WHAT WE WANT TO CHANGE THE POLICY TO.

Y'ALL COMFORTABLE THAT? >> YES.

>> HOW MUCH CASH DO WE HAVE RIGHT NOW? >> EVERY YEAR WE ISSUE THAT.

WE'RE ON A SCHEDULE TO ISSUE $7 MILLION EVERY YEAR FOR WATER FUNDS.

>> WHAT TIME OF YEAR? >> THIS YEAR WE'RE DOING IT EARLY, WE'RE DOING IT NEXT

THURSDAY AFTERNOON. >> WHEN WILL THE RE-EVALUATION HAPPEN?

>> WE'RE WORKING ON IT NOW. >> OH, OKAY. MAYBE IT'S BECAUSE EVERY YEAR

THAT I -- IT'S BEEN EVERY YEAR THING FOR US. >> I WOULD SAY THIS, MIKE, THAT TECHNICALLY IT SHOULD, BUT THEY GET PAID TO DO IT FROM THE SALARY BOND AS OPPOSED TO DOING IT ON AN OFF YEAR WHEN THEY MAY HAVE TO DO IT ON THEIR OWN NICKEL BUT THEY ARE SUPPOSED TO

[01:10:03]

OTHER DISASTERS AND STUFF. >> SOME OF THESE CATERERS OUTLINE --.

>> ALL RIGHT. THANK YOU, GUYS. >> SO AT THIS POINT WE'RE GONNA

SWITCH TO SOME OF THE POSSIBLE PROGRAMS OR LANDMINES. >> OKAY.

SO COUNCIL AS YOU REMEMBER, LAST SUMMER WE HAD A REALLY GOOD CONVERSATION ABOUT WHAT WE SEE COMING AT US THAT WE NEED TO BE PREPARING FOREL CURRENT YEAR WHICH OBVIOUSLY WAS DISCUSSED LAST SUMMER DURING THE BUDGET PROCESS HAD THE HIGHEST INCREASE AND PROPERTY VALUES IN MY HISTORY, 20 YEARS HERE, AND IT ACTUALLY IN TERMS OF DOLLARS, IN TERMS OF EVERYTHING, AND SO -- BUT WHAT WE ACKNOWLEDGED WAS WE SAW THAT PERHAPS THE COMING YEAR 24, MAYBE EVEN A LITTLE BIT INTO 25, WOULD NOT BE ANYWHERE NEAR THAT NUMBER IN ANTICIPATION THAT MAY BE IN ABOUT 3 YEARS THE RESORT PARK OPENS UP AND YOU START TO SEE THE NEW KINDS OF TAXES WE WOULD GET, SALES TAX, INCREASED PROPERTY TAXES AND THINGS LIKE THAT. SO WHAT WE KNEW IS THAT WE HAVE -- WE HAVE GRANTS THAT WILL BE EXPIRING WHERE WE HAVE TO PICK UP THE BALANCE.

SO RIGHT NOW ONE OF OUR FIREFIGHTER GRANTS I THINK IS 100% PAID FOR THREE YEARS, THEN WE HAVE TO PICK IT UP. THERE WAS AN OLDER ONE THAT WAS -- IT HAD A GRADUATED SCALE, SO BY THE TIME YOU GOT TO YEAR 3, YOU KNOW, YOU HAD TO PICK UP 70% OF IT AND YEAR 4 YOU HAVE TO PICK UP 100%. EVERY YEAR IS A LITTLE DIFFERENT.

WE'RE ALSO GOING TO BE APPLYING FOR POLICE GRANTS. AND SOME OF THOSE HAVE SPECIALIZED DEALS TOO. THE POSITIVE OF THIS IS THAT WE'RE GETTING MILLIONS OF DOLLARS OF HELP TO GET READY FOR SOMETHING THAT WE NEED TO HAVE BUT THEN THE DAY COMES WHERE YOU GOTTA PAY THE PIPER. SO WE SEE THAT DAY COMING AND SO COUNCIL AGREED AT THAT POINT TO SET ASIDE $2.7 MILLION TO HELP US GET THROUGH FISCAL YEAR 24 AND 25.

THERE WERE TWO SOURCES OF FUNDS THAT WE WE DID THAT. ONE WAS FOR ACQUISITION AND THE OTHER WAS CONTINGENCY I WAS POINTING OUT WITH ARPA. SO THAT'S REALLY GOOD, THAT PUTS US IN GREAT POSITION. IF WE WERE SUCCESSFUL THIS YEAR WITH ANOTHER POLICE GRANT, IT MIGHT BE SEVERAL YEARS BEFORE WE HAVE TO PICK UP SOME OF THAT. BUT THIS IS ALL -- IN A WAY IT'S LIKE OUR BIRTH PLAN. YOU'RE PLANNING FOR THE DAY WHEN YOU HAVE TO PICK UP THAT BALANCE OR IN SOME GRANTS YOU HAVE TO PICK UP MORE AND MORE EACH YEAR UNTIL YOU'RE PICKING UP 1% OF -- 100% OF IT. SO THERE IS THE POSSIBILITY THAT WE MAY SEE EVEN ANOTHER YEAR'S DELAY. AND I THINK THAT WE JUST HAVE TO BE PREPARED FOR THAT.

WE MAY NOT KNOW FOR A WHILE THAT THAT'S A FOR CERTAIN THING BUT I THINK WE NEED TO BE THINKING ABOUT IT. SO IF WE'RE THINKING ABOUT USING SOME OF OUR GENERAL FUND RESERVES, THEN I JUST WANT THIS IN YOUR -- IT MAY BE THAT WE DON'T MAKE THAT DECISION NOW.

WE KNOW WE'RE COVERED FOR TWO YEARS AND MAYBE WE PLAN FOR THAT IN, YOU KNOW, IN A FUTURE YEAR, BUT AT LEAST I WANT THAT ACKNOWLEDGED THAT WE MAY STILL HAVE THAT DAY COMING.

I FEEL VERY GOOD ABOUT THIS. BUT, YOU KNOW, THE WHOLE REASON YOU DO THIS LANDMINE PLANNING IS, YOU KNOW, YOU COULD WALK OUT INTO A FIELD AND BE FINE, THE NEXT PERSON COULD WALK OUT IN THE FIELD AND THEY'RE NOT FINE. AND SO WE JUST WANT TO MAKE SURE WE'RE PLANNING FOR THESE HICCUPS, AND SO -- BUT FOR AT LEIGH THE NEXT TWO YEARS, WE SHOULD BE IN PRETTY GOOD SHAPE,

AT LEAST FOR THE NEXT TWO YEARS. >> CAN YOU REFRESH MY MEMORY, WE GOT $2.7 HERE, THE TRADITIONAL FOUR POLICE OFFICERS AND $1.9 IN 2024. FOUR POLICE OFFICERS IN 2025,

THAT'S AN ADDITIONAL EIGHT BEYOND WHAT WE DID FOR 2023. >> THAT'S RIGHT.

[01:15:02]

>> SO WE -- THIS WOULD BE ADDING BEYOND WHAT WE'RE DOING THIS YEAR, IS THAT CORRECT?

>> NO. THESE ARE ALREADY THINGS WE'VE DONE.

>> OKAY. >> AND THOSE ARE EXPIRING AT DIFFERENT TIMES BECAUSE WE GOT SOME OF THE GRANTS IN DIFFERENT YEARS. FOR EXAMPLE, THE ONE THAT HELPED US FINISH OUT FIRE STATION NO. 4, THAT GRANT'S DONE AND I THINK THIS WAS THE FIRST YEAR WE HAD TO ALREADY PICK IT UP 100% BUT SOME OF THE OTHER FIREFIGHTER GRANTS FOR THE 18 PEOPLE WE HAVE 9 ONE-YEAR, 9 IN ANOTHER, AND THOSE ARE FALLING OFF IN DIFFERENT YEARS, THE OTHER REASON IT MAKES IT SO IMPORTANT, THIS IS NOT CAPITAL RELATED. SO YOU HAVE TO ADDRESS THIS.

>> SO YOU MADE THE ASSUMPTION THAT WE HAVE THAT WAS THE POINT WE WERE MAKING THAT IT MAY DELAY

SOME OR ALL OF THAT THE OUT ONE ADDITIONAL YEAR EVEN TO 26. >> SO WE COULD BE LOOKING FOR

ANOTHER $745 IN JULY OF 25 OR SOME PORTION OF THAT. >> YES, SIR.

THAT'S CORRECT. >> NOW, I WILL SAY THIS. LAST YEAR WHEN WE WE HAD THIS CONVERSATION WE WERE PROJECTING THAT 2024 WOULD HAVE VERY LITTLE PROPERTY TAX INCREASE.

BUT AS WE'VE TALKED TO OUR APPRAISAL DISTRICTS, EVEN IF THAT'S TRUE FOR NEW VALUE, YOU STILL HAVE THOSE THAT ARE GONNA GET THAT NEXT 10%. SO I THINK I GAVE THE EXAMPLE THAT LAST MAY, THEY HIT ME FOR 34% BUT MY FIRST YEAR WOULD BE 10, THE NEXT YEAR 10, THE NEXT YEAR 10, THEN THEY HIT YOU WITH THE LAST FOUR. SO WE'RE STILL GOING TO SEE AN INCREASE IN PROPERTY TAX VALUES THIS YEAR. ASSESSED VALUE FOR OUR CITIZENS.

AND IT MAY EVEN EXCEED THE 3.5% AND MAYBE EVEN THE UNUSED INCREMENTS THAT WE HAVE, IT STILL COULD COME IN AT 7 OR 8%. WON'T BE THE 16 THAT WE HAD LAST YEAR, BUT IT STILL MAY BE SOMETHING. SO THAT MAY PUT US IN A LITTLE BIT BETTER POSITION THAN WE MIGHT HAVE THOUGHT BUT I THINK WE HAVE TO KEEP IN THE BACK OF OUR MIND THAT WE MAY HAVE TO PAY THE PINTER ONE MORE YEAR OR HALF A YEAR OR SOME SEGMENT OF IT BEYOND THE TWO YEARS WE'RE

PLANNING FOR NOW. >> I THINK IT'S BETTER TO BE CONSERVATIVE WITH SOME OF THE THINGS THAT ARE EARLY ON IN AUSTIN THIS YEAR. THEY'RE AGAIN GOING AFTER CITIES TO BE ABLE TO GENERATE REVENUE, SO BEING MORE CONSERVATIVE I THINK IS A SMART MOVE FOR SURE.

>> ANGIE. >> OKAY. I'M GOING TO HAVE PEOPLE COME UP HERE WITH ME. WE GET THE EXPERTS UP HERE TO ANSWER QUESTIONS.

POTENTIAL PROJECTS, SO IN LIGHT OF THE FACT THAT BRIAN JUST INTRODUCED THAT WE DO HAVE SOME RESERVES AVAILABLE FOR SPENDING, THE TEAM PUT TOGETHER SOME PROJECTS THAT HAVE BEEN BOUNCED AROUND BY SOME COUNCIL MEMBERS, BY A GROUP OF COUNCIL MEMBERS OR, YOU KNOW, THINGS THAT YOU GUYS HAVE BROUGHT TO OUR ATTENTION THAT, HEY, HOW MUCH IS THIS.

FOR EXAMPLE, SOMETHING VERY IMPORTANT COMES NEW A MEETING, AND SO WE'LL KIND OF GO THROUGH THIS. THIS IS ABSOLUTELY NOT AN ALL-INCLUSIVE LIST.

IT DOES TAKE A LONG TIME TO GET THIS INFORMATION TOGETHER. I HAVE A LIST STARTED, SO IF THERE ARE OTHER PROJECTS THAT AREN'T IN HERE TONIGHT, WE ARE HAPPY TO GO BACK TO THE DRAWING BOARD AS A TEAM AND GET ANSWERS TO THOSE QUESTIONS. WE'LL KEEP NOTES AS WE GET THEM.

BUT THESE ARE SOME THAT BOUNCED AROUND A LITTLE BIT AT A TIME OVER THE LAST SEVERAL WEEKS, THAT HOPEFULLY WILL HELP SOME. TRAFFIC SIGNALS. RONNIE'S GONNA COME UP WITH ME.

ONE OF THE THINGS WE TALKED ABOUT WERE OPTI CON INSULATION AND REPAIR.

THE CITY HAS WHEN IT INTERSECTIONS. EACH INTERSECTION HAS FOUR OPTICONS, THERE ARE 108 TOTAL. THERE ARE CURRENTLY 22 THAT ARE NON-FUNCTIONAL AND TO REPLACE THEM WITH THE SAME TECHNOLOGY WE HAVE TODAY IS $144,000. BUT IT IS IMPORTANT TO NOTE THAT IT IS ALSO TIME TO UPDATE OUR SIGNAL BOXES, OUR SIGNAL BOXES ARE VERY ANTI-KUWAITED AND IT'S SOMETHING THAT -- ANTIQUATED AND IT'S SOMETHING THAT WILL BE INCLUDED AS A BUDGET REQUEST OR AS A CIP BOND REQUEST TO DO OVER A FEW YEARS, A FEW AT A TIME. IF WE UPGRADE THOSE, THIS TECHNOLOGY AT $144,000, DOES NOT TRANSFER TO THE NEW BOXES. IF WE REPLACE ALL EIGHT OPTICONS IN OUR SYSTEM WITH THE UPGRADED VERSION THAT WOULD ALSO WORK WITH THE NEW TRAFFIC SIGNALS THAT'S $610,000. WHILE WE'RE TALKING ABOUT TRAFFIC SIGNALS, WITH VERY A VERY ANTIQUATED -- YOU GUYS HAVE HEARD ME SAY WE HAVE THE FLOPPY DISC VERSION OF TRAFFIC SIGNALS.

[01:20:04]

>> THAT'S NOT FIGURATIVELY. THAT'S LITERALLY. >> YEAH, WHEN WHEN I THE FLOPPY DISC VERSION, LITERALLY WE CAN'T UPGRADE THEM WITHOUT A FLOPPY DISC.

AND RONNIE BROUGHT THIS TO MY ATTENTION SEVERAL MONTHS AGO. >> THESE WERE BUILT BEFORE I WAS

BORN. >> WHAT DO YOU MEAN? I HAVE A DESK DRAWER FULL OF

THEM. >> SO ANYWAY, MAKING LIGHT OF IT, BUT IT IS A VERY SERIOUS ISSUE. RONNIE AND BRETT BROUGHT THIS TO MY ATTENTION SEVERAL MONTHS AGO AND STARTED DOING RESEARCH. WHAT IS IT GOING TO TAKE. AS YOU KNOW, BRETT WAS ROOBTLY PROMOD TO TRANSPORTATION MANAGER -- RECENTLY PROMOTED TO TO TRANSPORTATION MANAGER AND HE'S DONE AN AMAZING JOB OF TAKING INVENTORY, GET WHAT WE NEED AND MAKING A LIST OF THINGS WE NEED TO PLAN FOR. THE COST TO REPLACE EVERY -- ALL 27 CABINETS, THAT WOULD COVER ALL INTERSECTIONS, ABOUT $4 MILLION. STAFF RECOMMENDS WE DO THAT IN A THREE-YEAR PROCESS, RIGHT. SO YOU DO ABOUT 9 CABINET AS YEAR AT $1.5 MILLION.

THAT INCLUDES THE EVERYTHING YOU WOULD NEED. IF WE USE THE UPDATED OPTI CONS ABOVE, THAT REDUCES THE PRICE TO $4 MILLION FOR ALL OF THOSE BECAUSE WE'RE ADDING THE $610,000 OPTICONS THAT ARE THE NEWEST TECHNOLOGY AS POE POSED TO THE $$410,000 THAT ARE ALREADY ANT INDICATED. WE COULD POTENTIALLY DO A BOND AND INCLUDE THAT IN THE MAY 2024 INFRASTRUCTURE BOND. WE DID ATTRACT A SYSTEM A FEW YEARS AGO.

THIS MIGHT BE SOMETHING THAT'S THERE. BUT THESE ARE TWO OPTIONS.

THESE ARE TWO THINGS THAT HAVE COME UP. I DON'T DISLIKE THE QUESTION BECAUSE THE REAL QUESTION IS WHAT'S THE EXPECTANT LIFE? IT'S NOT SO MUCH CAN THE THING ACTUALLY WORK BUT WHEN DOES IT BECOME OBSOLETE. WHEN DOES TECHNOLOGY CAUSE IT TO

BE OBSOLETE. >> THE TECHNOLOGY THAT YOU SEE RIGHT NOW JUST TO UPDATE IS

OBSOLETE. >> NO, NO, HOW MUCH IS THE NEW ONE.

>> EACH? >> WHAT'S THE LIFE CYCLE OF A NEW SIGNAL BOX.

>> I'M THINKING IN TERMS OF THE -- >> OVER 20 YEARS OLD, SO THEY

COULD GO UP TO 20 YEARS OLD. SO -- >> THEY COULD GO UP TO 10 YEARS

OLD. >> THAT'S NOT WHAT I'M ASKING. WHAT I'M ASKING IS WE DON'T BUY NEW COMPUTERS EVERY TWO OR THREE YEARS BECAUSE IT STOPS WORKING, YOU BUY IT BECAUSE ITS TECHNOLOGY IS OBSOLETE. SO WHAT IS THE TECHNOLOGY CYCLE ON THE OPTICONS AND THE SIGNALS? ARE WE TALKING 10-YEAR CYCLE THAT THE TECHNOLOGY IS TURNING OVER?

>> SO LET ME FIND OUT WHAT TECHNOLOGY IS WORKING IN THE OPTICONS.

THEY'RE ALL VISUAL SO YOU HAVE A FLASHING STROBE THAT ARE TRIPPED UP WITH THE FIRE DEPARTMENT, THE POLICE DEPARTMENT, THEY HAVE ALL GONE TO GPS. THERE IS NOTHING OUT THERE RIGHT NOW ON THE THE MARKET OTHER THAN FLASHING OR GPS. SO THERE'S NOTHING FOR THE FUTURE THAT WE CAN SEE OUT THERE THAT WE WOULD SAY, WELL, LET'S WAIT A LITTLE WHILE AND GET THIS. SO THAT'S WHERE WE'RE AT RIGHT NOW.

EITHER THE FLASHING TYPE OR THE GPS TYPE FIRST GENERATION GPS, SECOND GENERATION?

>> GPS HAS BEEN OUT FOR A WHILE, SURROUNDING CITIES ALL HAVE GPS. AND LET ME SAY HOW THEY WORK.

NOW YOU HAVE A VISION AND THEY CAN ONLY TRIP THEM WHEN THEY HAVE THAT SIGHT LINE.

WITH GPS IT READS THE VEHICLE COMING AND THEY CAN ACTUALLY USE THE TURN THE SIGNAL AND IT TURNS THE LIGHTS RED AND GREEN GOING THE WAY THEY'RE GOING TO GO SO WITH GPS ALSO WE ASSIGN NUMBERS, AND JUST LIKE ARREST LAN DOES AND ROCKWELL. OUR AMBULANCES WOULD BE ASSIGNED NUMBERS AND WHEN WE GO THROUGH THEIR CITY WE'RE ALLOWED TO USE THEIR OPTICONS.

RIGHT NOW WE HAVE TO STOP AT A RED LIGHT. >> AND THE FOLKS ON EITHER SIDE OF US -- ONE THING BRETT IS DOING IS MEETING WITH THE GROUPS AROUND US.

ROCKWELL HAS THE NEW TECHNOLOGYE EQUIPMENT NEEDED FOR VEHICLES? >> YES.

THIS COST WOULD COVER EVERYTHING, THE $5 MILLION $4 MILLION COST WOULD COVER THE FIREFIGHTER TRUCKS, THE AMBULANCES AND THE INSTALLATION. AND WE CAN ALSO AT THIS TIME MAYBE BETTER THE PRICE BY PARTNERING WITH SACKSY AND ONE OF THE OTHER CITIES THAT ARE

CURRENTLY GOING THROUGH THIS. >> WHERE WE'RE DRIVING AT WITH THE WETS IS WHETHER THIS -- IS

[01:25:03]

>> NO QUESTION. >> WE HAD THAT CONVERSATION ALREADY.

THAT THIS NEEDS TO BE ONE OF THOSE FIVE, 10-YEAR PLANS OR WHATEVER TO KEEP ON REPLACING

THESE WHEN THEY NEED TO BE REPLACED. >> AT ONE POINT...

$1.5 MILLION A YEAR? >> YES. >> HOW ABOUT WE DO FIVE YEARS,

$1 MILLION A YEAR. >> THE QUESTION IS AND MY CONCERN IS -- AND RONNIE AND I TALKED ABOUT THIS -- OUR SYSTEM IS SO ANTIQUATED WE CAN'T WAIT FIVE YEARS TO REPLACE THEM.

THREE YEARS IS PUSHING IT. >> OKAY. >> WE COULD DO SOME.

>> BUT THE BALANCE BETWEEN BOTH IS IF YOU DID A BOND OR CAPITAL LEASE, WE HAVE DONE THIS SOMETIMES WHEN WE'VE HAD HUGE COSTS THAT WE DID NOT HAVE THE CASH UPFRONT TO PAY FOR IT.

WE'VE DONE THIS WITH SOME OF OUR FIRE STUFF. I DON'T KNOW IF NEIL IS HERE.

WE'VE HAD TO TO DO IT WITH FIRE EQUIPMENT FROM TIME TO TIME. SO LET'S JUST SAY THAT, YOU KNOW, YOU WERE GOING TO DO THE $1.5 A YEAR FOR THREE YEARS, WHEN YOU LEASED IT, THAT GIVES YOU SEVERAL YEARS TO PAY THAT LEASE PAYMENT, YOU'RE NOT -- YOU OWN IT AT THE END, IS MY POINT.

SO THAT GIVES YOU -- LET'S SAY YOU CAN FINANCE THEM FOR FIVE YEARS A PIECE, AND EACH YEAR YOU

DO 9 MORE. SO NOW YOU'VE EASED INTO -- >> I'D RATHER DO THAT.

>> INSTEAD OF HAVING TO COME UP WITH $1.5 MILLION A YEAR. >> I'D RATHER DO THAT.

>> SO INSTEAD OF A BOND ISSUE? >> YEAH, I'M JUST SAYING CAPITAL LEASE IS AVAILABLE TO YOU AS WELL AS A BOND. NOW, WHAT I LIKE ABOUT IT BETTER, I WOULD NOT WANT TO USE

20-YEAR BONDS FOR THESE. HONESTLY I WOULD -- >> HUH-UH.

>> YOU CAN THOUGH SELL 10-YEAR BONDS, AND YOU CAN SELL TAX NOTES AT 7 YEARS.

SO THAT'S ANOTHER OPTION. >> I LIKE A CAPITAL LEASE, THAT TAKES -- $1.5 MILLION IS JUST TOO MUCH A YEAR. AND I UNDERSTAND WE HAVE TO DO IT, OBVIOUSLY.

WE DON'T HAVE A CHOICE. WE HAVE TO UPDATE THESE THINGS. IT'S UNFORTUNATE THAT WE WAITED SO LONG TO DO IT AND OPEN UP THE CABINETS TO REALIZE, OH, WOW, WE'VE BEEN HAVING FLOPPY DISCS ALL THIS TIME. OKAY, I GUESS WE BETTER GET ON, ABSOLUTELY.

>> AND THE ADVANTAGE OF A TAX NOTE --

A CAP LEASE. >> YOU'D INITIATE A CAPITAL LEASE FOR EVERY -- SO ONE FOR

EVERY THREE YEARS. >> YEAH. >> OKAY.

YOU DO NOT ADHERE, DO YOU A CAPITAL LEASE 1.5, THE MEX YEAR 1.5, THE NEXT YEAR YOU DO IT AND THAT WAY ALL TWREFN DONE AND THEN YOU'LL STILL BE PAYING ON IT FOR A FEW MORE YEARS.

>> WHAT'S OUR LEASE TERM? >> I WOULD SAY FIVE TO SEVEN YEARS.

>> YOU DON'T DO 20. I WOULD NEVER DO 20 AGAIN. >> FIVE YEARS -- I LIKE THE IDEA BECAUSE IT GETS US BACK INTO THE COUNTY ASPECT WHERE YOU PURCHASE THE ASSET AND APPRECIATE OVER

THE LIFE OF THE ASSET. IT MAKES A LOT OF SENSE. >> IT'S TYPICALLY THE INTEREST

RATES ON THE CAPITAL LEASE, ARE THEY LOWER THAN A SEVEN-YEAR -- >> WE GET REALLY GOOD LEASE INTEREST RATES, BUT I WILL SAY THIS, THERE ARE YEARS THAT A TAX NOTE WOULD BE CHEAPER THAN A LEASE WOULD BE. WE JUST -- OUR FINANCE TEAM HAS TO MANAGE THAT.

I'LL SAY THIS, THOUGH. WE ALREADY -- WE HAVE THIS LEASE STRATEGY FOR OUR FIRE EQUIPMENT, FOR YOUR MEDIC UNITS AND YOUR FIRE TRUCKS. AND THERE ARE TIMES WHEN, LIKE ON FIRE TRUCKS, WHERE WE MIGHT FINANCE 10 YEARS, BUT REALLY THEY'RE GONNA LIVE 12 YEARS.

SO WE'LL PUT THEM IN OUR RESERVE FOR A COUPLE OF YEARS. BUT WHEN THE LEATS PAYS OFF, YOU'RE ALREADY BUYING THE NEXT ONE. WHEN THE LEASE PAYS OFF.

THAT'S WHAT I'M SAYING HERE, YOU FINANCE IT OVER IN A REASONABLE FASHION AND AGAIN WHEN THOSE LEASES ARE STARTING TO PAY OFF, THEN YOU'RE ALREADY READY TO PAY IT OFF AGAIN, AND NOW WHAT YOU'VE DONE IS YOU'RE MANAGING YOUR BUDGET AS WELL. YOUR CASH FLOW.

I'M JUST SAYING -- I'M NOT SAYING THAT'S THE CHOICE YOU PICK, BUT I'M SAYING THAT'S AN

OPTION YOU COULD PICK. >> WE HAVE TO TAKE THE SAME APPROACH FOR THIS TYPE OF EQUIPMENT THAN WE DO THE VEHICLES AND EVERYTHING ELSE IN THE CITY.

IT'S AN ASSET THAT AT SOME POINT WILL REACH THE END OF ITS LIFE. WE HAVE TO HAVE A REPLACEMENT

CYCLE AND A PLAN. AND THAT ACCOMPLISHES THAT. >> AND YOU MAY DECIDE, HEY, LOOK, WHY DON'T WE BUY THE FIRST YEAR OUT OF THE RESERVES. I'M JUST SAYING.

[01:30:02]

>> I WOULD NOT -- >> AND AT A MILKER WE NEED TO SPEND $610,000 AT A MILKER ON THE OPTICONS. THAT'S AFFECTING OUR RESPONSE TIMES.

>> YEAH, THERE'S A SERIOUS PUBLIC SAFETY RISK. >> AND NOT ONLY FOR OUR CITY BUT IF THERE'S A TRANSPORT FROM GARLAND THROUGH OUR CITY TO LAKE POINT, WE'RE IMPACTING OTHER

PEOPLE, AS WELL. >> COMMITTEE WE DO THE 610OPTICONS WITHOUT A SIGNAL

BOX? >> WHAT WOULD BE THE TIMELINE ON INSTALLATION, ADDING EQUIPMENT

TO THE VEHICLES? >> WE COULD HAVE THE EQUIPMENT JUST AS FAST AS WE CAN GET IT

IN. IT'S NOT HARD. >> IS THERE A LONG WAIT TIME ON

THE EQUIPMENT. >> TWO OR THREE MONTHS. NOT TOO BAD.

>> IS THERE ONE MANUFACTURER ON THAT OR. >> WE'LL BID IT, BUT WE HAVE A

VENDOR THAT WE USE THAT HAS ALL OF OUR EQUIPMENT. >> I THINK AT A MINIMUM, WE

DEFINITELY SPEND THE $610,000 UPFRONT FOR THE -- YEAH. >> THAT'S WHAT I HAVE.

THE $610 IS OUT OF RESERVES, FOR THE UPGRADED OPTICONS, AND 1 PHONE 5 CAPITAL LEASE PER YEAR

FOR THREE YEARS, WE DO 90 A YEAR. >> WELL, I THINK YOU WAIT WHEN YOU'RE READY TO PULL THAT NOTE, YOU GET AN EVALUATION WHERE YOUR INTEREST RATES ARE VERSUS

CAPITAL LEASE VERSUS A TAX NOTE. >> AND EVEN IF YOU GET A TAX NOTE, COULD YOU STILL USE THAT

TO PAY IT. THAT BECOMES A POLICY CHOICE. >> AND IF THEY DO HAVE A 10-YEAR USABLE LIFESPAN OR TECHNOLOGICAL LIFESPAN OR WHATEVER, YOU'RE AHEAD OF THE GAME, SO TO SPEAK.

AND YOU CAN BANK SOME OF THOSE FUNDS IF YOU NEED TO, WAIT UNTIL ONE HAS TO BE REPLACED.

>> SO NEW TRAFFIC SIGNALS, DOES THAT GIVE US GREATER CITY-WIDE CONTROL OVER MANAGING THE

SIGNALS THAT WE HAVE TODAY? >> YES. RIGHT NOW IF A SIGNAL WAS TO GO DOWN, WE WOULD HAVE TO RELY ON ONE FLOPPY DISC THAT'S LEFT AND THE PERSON THAT IS ABLE TO PRODUCE THE FLOPPY DISC WHO'S ESSENTIALLY RETIRED OUT OF THE BUSINESS, AND HAVE TO USE IT.

SO WE DON'T -- IF THEY'RE TO GO DOWN, WE WOULD HAVE NO RECOURSE BUT TO GO ON TO A TIMELINE AND

THE SIGNAL WOULD OPERATE OFF THAT HAVE. >> DO WE NEED TO GO AHEAD AND

MAKE ABOUT 10 OF THEM? >> WE'VE RESEARCHED THAT. WE WOULD LIKE TO HAVE THAT.

>> OPTI CON, AS SOON AS I GET THEM IN THEY'LL START THE PUTTING THEM UP.

>> IS IT A FIVE-YEAR WAITING TIME, THREE MONTHS. >> TWO TO THREE MONTHS.

>> I CAN GET THEM TWO TO THREE MONTHS AND WE'LL PUT UP SEVERAL A DAY.

>> RONNIE, I HAVE A GARAGE FULL OF OLD COMPUTERS. I WILL COPY A BUNCH OF FLOPPY

DISCS FOR YOU. >> I'VE GOT BLANKS. >> SO COUNCIL MAYBE AT THE END OF THIS CONVERSATION, WE MIGHT WANT TO -- IF YOU GET -- BECAUSE IT MIGHT TAKE US -- IT MIGHT TAKE A COUPLE OF MEETINGS BEFORE WE CAN BRING BACK THE BUDGET AMENDMENT.

IF YOU GAVE US THE CONSENSUS TO MOVE FORWARD, WE'LL GO AHEAD AND START THE PURCHASING PROCESS SO

THAT WE DON'T LOSE ANYTIME. Y'ALL OKAY WITH THAT? >> WE'RE GOOD? OKAY. I'M KEEPING A RUNNING LIST TOO. ALL RIGHT.

NOW, ROAD STRIPING. THIS IS ALSO -- SO WE CURRENTLY HAVE 18 STREETS THAT NEED TO BE STRIPED. IMMEDIATELY. ONE THING RONNIE HAS PROMISED ME IS HE WILL NOT PUT IN ANOTHER STREET OR RE-DO ANOTHER STREET WITHOUT STRIPING -- THAT STOPPED WORKING. THAT IS ONE GUARANTEE THAT RONNIE HAS GIVEN ME, THAT THAT WILL NOT HAPPEN AGAIN, WE WILL NOT INSTALL, RE-DO OR REBUILD ANOTHER STREET THAT DOES NOT

HAVE STRIPING ON IT. >> DO YOU HAVE AN ALERT -- >> WE DO NOT.

>> THE INNOVATION FUND IS CALLED THE JE RT. >> WE NEED AN ALERT, I'M SERIOUS. WE DON'T MAINTAIN STRIPING, PERIOD.

>> NO QUESTION. >> AND NOW WE HAVE A NEW NERN THERE AND WE -- WE HAVE A NEW PERSON IN THERE AND WE HAVE ALL OF THESE BIG ROCKS, IT'S LIKE, NO MORE.

>> I THINK YOU'LL SEE THAT IN THE BUDGET, THAT THERE WILL BE REQUESTS FOR THESE THINGS.

SO THESE ARE THE IMMEDIATE NEEDS. THERE'S 18, YOU'VE SEEN THE LIST. IT IS 23,000 DOLLARS, THIS IS THE PLASTIC PAINT, NOT JUST THE

[01:35:02]

>> YEAH. NO-BRAINER. I THINK IT'S GOTTA BE DONE.

>> HAVE WE LOOKED AT ANYTHING TO DEAL WITH THE -- I THINK IT WAS THE PENINSULAS IN MAJOR

INTERSECTIONS? >> IS THAT INCLUDED IN THIS? >> NO, WHAT WE'RE LOOKING AT IS THE PRICE TO THE PUT THE BUCKETS UP ON TOP. IT WOULDN'T INCLUDE THIS, BUT WE'RE LOOKING AT IT INTERNALLY TO BUDGET. FOR THE BUDGET YEAR.

>> STAY HOME. SPHOZ RONNIE ALSO CAN'T SEE THOSE CONNECTIONS.

>> IT COST ME $1,000. WE'LL SHARE THEM WITH YOU ONCE WE HAVE THEM.

>> AND THE TIME FRAME, BECAUSE I KNOW THIS ONE IS OUT OF OUR HANDS.

>> THIS? AS SOON AS WE GET THEM. >> DALLAS COUNTY?

>> NO. THIS WILL BE CROSSROADS OR OUR --

>> OH, GOOD. OKAY. ED SO WE HAVE LANE STRIPING ON 18TH STREET, $702,000 AND TO PAY FOR THAT OUT OF RESERVES, YES? AND THEN RONNIE WILL GET A PRICE ON GETTING THE PENINSULALE BUDGET.

>> I HAVE ANOTHER THING FOR PUBLIC WORKS. WE ARE NOT ABLE TO DO ANY ASPHALT ROAD UPDATES THIS YEAR ARE BECAUSE THERE'S JUST NOT ENOUGH MONEY.

THERE'S ONLY -- HOW MUCH DO WE PUT IN A YEAR WHICH IS NOT SUFFICIENT?

I THINK WE ONLY PUT 250 A YEAR INTO THE ASPHALT FUND. >> I THINK IT IS CURRENTLY

$500,000. BUT WE ARE LOOKING AT BUDGET. >> AS FOUGHT, WE HAVE OVERLAY

FOR FISCAL YEAR 23 $350,000. >> OKAY, RIGHT DOWN THE MIDDLE. >> THAT DOESN'T DO ONE FRIGGIN' ROAD. SO I THINK THAT WE NEED TO ALLOCATE HALF A MILLION INTO INTO THE IS FOUND WE CAN AT LEAST ACCOMPLISH TWO OR THREE ROADS BECAUSE -- THE REALITY IS WE STILL HAVE A LOT OF ASPHALT ROADS. WE'VE GOTTA MAINTAIN THEM.

THEY'RE AWFUL TO DRIVE ON. IF WE CAN AT LEAST ACCELERATE THE SCHEDULE OF REPLACEMENT, WE CAN HAVE DECENT ASPHALT ROADS WHILE WE HAVE THEM. SO I'M STRONGLY ENCOURAGING THAT

WE ALLOCATE HALF A MILLION TO THIS. >> THIS IS NOT POTHOLE REPAIR.

>> NO. >> I WAS GONNA SAY CAN YOU EXPLAIN WHAT ASPHALT REPAIR

YOU'RE TALKING ABOUT? >> SO IF WE DO FULL RECOLLECT COLLAPSE, WE TAKE THE TOP LAYER OFF, THE FULL RECLAMATION, RERE-MIX IT WITH CONCRETE AND THAT BECOMES OUR BASE AND THEN

WE COME OVER THE TOP OF IT WITH ASPHALT. >> SO IS HALF A MILLION ENOUGH

TO START TWO OR THREE ROADS? >> WE HAVE CURRENTLY $400,000 I BELIEVE IN THERE.

WE'RE PRICING OUT DOING SHERIFFS CURVE AND CAME UP A LITTLE SHORT ON JUST DOING SHERIFFS CURVE.

>> SHERIFFS CURVE? >> YEAH. WHAT THEY CALL SHERIFFS CURVE

OUT ON LEMON GROVE. >> I KNOW WHERE IT IS. >> WHAT DO YOU MEAN TO DO THE

CURVE, WE'VE ALREADY DONE IT. >> NO THE NEXT ONE UP. >> IT GOES ALL THE WAY AROUND.

>> OH, OKAY. >> IT'S IN REAL BAD SHAPE AND THAT'S WHAT WE'RE PRICE OUT RIGHT NOW TO DO. THAT IS OUR NEXT PROJECT. AT A MINIMUM WE NEED TO PUT HALF

A MILLION IN THERE. >> SO WE HAVE IT ON THE LIST. WE CAN COME BACK TO IT AND DECIDE IF YOU WANT TO ADD MORE LATER. HOW ABOUT THAT.

>> YEAH. >> SO AVOIDING THE BIG W IN OUR BUGGING THIS SEEMS TO BE SOMETHING WHERE WE NEED TO HAVE KIND OF, AGAIN, THE UNIVERSAL ASSESSMENT, HOW MUCH DO YOU NEED EVERY YEAR TO MAINTAIN THESE PARTICULAR PCI RATING ON AVERAGE.

>> SO THIS -- THAT'S JUST BAD. YOU WOULD NEVER SAY I WANT A ROAD TO GET DOWN 24.

[01:40:14]

WITH BETTER DATE THINK WE CAN EVALUATE WHETHER THAT NUMBER SHOULD BE, MAYBE IT'S 800, MAYBE

IT'S ONLY 100. >> AND HERE'S THE DEAL IF THAT'S ONLY GOING TO COVER ONE ROAD, I MEAN, WHAT ABOUT THE CHISA PROJECT? WE WILL NOT BE STARTING THAT FOR A COUPLE YEARS. IS HALF A MILLION ENOUGH? NO.

SO, YES, COME BACK TO IT. >> WE WILL COME BACK AND TALK ABOUT IT.

>> I THINK THERE'S TWO CONVERSATIONS WE'RE TALKING RIGHT NOW.

VIRTUALLY NOW AND SEPTEMBER. WE NEED TO ADJUST THE BUDGET CORRECTLY WITH OUR ANNUAL NEED.

>> YES. >> IF WE WANT TO HAVE DECENT ROADS WE'RE GONNA HAVE TO DO A

LOT BETTER. SO... >> ALL RIGHT.

SO I DON'T KNOW HOW TO GET OUT OF HERE. THIS IS SOMETHING ELSE THAT'S COME UP, SECURITY. IT CAME UP IN REGARDS TO TWIN STAR BUT WHAT AARON DID IS WHEN OUT AND REALLY LOOKED AT ALL OF THE PARKS AND WHAT DO ALL OF THE PARKS NEED AND WE ADDED LIGHTING AND SECURITY CAMERAS. THERE ARE CHALLENGES WITH LIGHTS IN NEIGHBORHOOD PARKS BECAUSE INEVITABLY THEY SHINE IN SOMEONE'S WINDOW NO MATTER WHAT WE DO TO PREVENT THAT.

I CAN TELL YOU THAT I HAVE EXPERIENCE WITH IT, I HAVE -- >> SO IT ABSOLUTELY IS AN ISSUE.

ONE THING THAT AARON AND I TALKED ABOUT, AND EVEN BRIAN AND I TALKED ABOUT IT, YOU CAN DO VOLUME STYLE LIGHTS, THEY'RE MUCH LOWER, MUCH MORE DIM, SO AARON WENT OUT AND KIND OF WALKED THROUGH THIS, LOOKED AT 35 INCH LIGHTS. THEY'RE ABOUT $550 A LIGHT.

SECURITY CAMERAS, THESE WORK WHERE JOEY. WE NEEDED TO ADD SOME FOR PARKS THAT DON'T REALLY HAVE A PLACE TO MOUNT THEM. SO 13 PARKS, 10 LIGHTS AT EACH PARK AND THEN SOME OF THEM WILL HAVE TO BE PRETTY STRATEGICALLY PLACED, TWO CAMERAS PER PARK, THAT WOULD BE TWIN STAR, SHOREWOOD, KATIE, PADDLE POINT AND SCENIC.

THAT'S ABOUT $30,000 FOR LIGHTS AND $20,000 FOR CAMERAS, SO ABOUT $50,000 FOR ALL OF THOSE.

CAMERAS ONLY IN COMMUNITY PARKS, SPRINGFIELD, SPRINGFIELD HAS A LITTLE BIT OF AT THE LIGHTING ISSUE BECAUSE IT IS A FLOOD PLAIN. ANYBODY SAY NO.

THAT'S THE CHEAPEST ONE YET. >> SO I HAVE QUESTIONS. TWIN STAR I'M VERY FAMILIAR WITH. PEOPLE WHO WALK THE PERIMETER OF THE PARK AND WE'RE SNOT TALKING ABOUT INSIDE. BUT THE NEIGHBORHOOD PARKS, WHAT IS THE APPROPRIATE HOURS FOR THE PARKS? THAT WOULD BE A DIFFERENT KIND OF POLICY.

BUT MY POINT IS ARE THEY PUTTING DOLLARS -- LIGHTNING PARKS THAT WE INTEND TO MAKE CHANGE THE

[01:45:03]

>> THAT IS A BIGGER DISCUSSION SEPARATE FROM THIS. BUT I HEAR WHERE YOU'RE GOING WITH IT. I THINK IT'S A GOOD DISCUSSION TO HAVE ON A WORK SESSION ABOUT PARK HOURS. SO REGARDLESS OF WHETHER THE PARK IS OPEN AND PEOPLE ARE STILL GOING TO USE IT IF I SAY IT'S CLOSED, IF I SAY IT DOESN'T OPEN UNTIL SUN UP, THERE'S STILL PEOPLE WALKING AT 5:00 A.M. THERE IS A BIT OF A LIGHTING WITH SECURITY.

THESE GUYS ARE ABOUT TO TAKE IT DOWN. IT'S CALLED A SAFETY ASPECT, EVEN IF WE CLOSED THE PARK, IF THERE'S SOME LIGHTNING THERE, YOU CAN DETECT MOVEMENT.

YOU AND I CAN GET AN EMAIL FROM VARIOUS PEOPLE, TELLING US THAT WE HAVE A GRANT, WE'RE ALL

GETTING IT EVERY DAY. >> WE ARE -- WE WERE LOOKING AT -- THERE ARE SOME STREET LIGHTS WE NEED TO UPGRADE SO THAT IS WHAT THEY'RE LOOKING FOR.

RAVEN SELL STILL IN THE PROCESS OF APPLYING. HE WOULD JUST USE THEM, I'VE NOW HAD FOUR. AND RACHEL AND RONNIE MET WITH ONE.

THE VERY FIRST ONE, TO SEE WHAT THE SKINNY WAS, BUT WE ARE --. I GUESS THE CELLULAR, IS THAT HOW THEY COMMUNICATE. WILL IT BE A PROACTIVE MEASURE OR IRAQTIVE MEASURE.

WILL WE HAVE SOMEBODY MONITORING THEM OR USE THEM TO GIVE POLICE DETAIL AFTERS THE FACT.

ALL OF OUR CAMERAS -- SINCE DISPATCH HAS A LOG-IN TO THEM SO THEY WILL BE ABLE TO.

WILL THEY? I DON'T KNOW. I GUESS IT WOULD BE MORE

REACTIVE DISCOVERING WHAT HAPPENED. >> IF YOU SEE THEM AND THEY'RE

IN OBVIOUS PLACES... >> I'M NOT GONNA -- I'M NOT GONNA COME UP HERE BECAUSE I'M

GONNA BE WATCHING THEM. >> AND AS YOU GUYS KNOW, WE HAVE CAMERAS THAT -- THE FIRE STATION, WE HAVE THEM HERE, WE HAVE THEM IN THE LIBRARY, YOU WILL SEE A BUDGET REQUEST THIS YEAR TO ADD SOME CAMERAS TO THE OUTSIDE OF THIS BUILDING SO WE HAVE BETTER EYES ON DOWNTOWN.

BUT TO EVEN FOR A MINUTE, JEFF, BELIEVE SOMEONE IS GOING TO BE WATCHING THEM WOULD BE FALSE ON OUR PART BECAUSE IT IS LITERALLY GOING TO BE WHEN SOMETHING HAPPENS CAN WE RECREATE THAT AND

AT LEAST CAMERAS ARE GREAT. WE CAN GET FACE. >> AND COMING BACK TO THE PUBLIC SAFETY ASPECT, THESE CAMERAS HAVE THE ABILITY TO DO MOTION DETECTION DURING PARTICULAR PERIODS OF TIME, AGAIN, LOOKING AT PARKS -- PARKS AREN'T SUPPOSED TO BE THERE, I'VE BEEN AT MY HOUSE FOR THREE OR FOUR YEARS NOW AND I KNOW WHEN SOMEONE'S AROUND THE PERIMETER

OF MY HOUSE BECAUSE IT WAKES ME UP AT NIGHT. >> SET UP ALERTS AND THEN THEY

[01:50:04]

HAVEN'T HEARD BACK. AND THAT WAS TUESDAY. >> OKAY.

>> I WANT TO TALK ABOUT WOODLAND HEIGHTS. IT WAS ABOUT $150,000 FOR THE HALF COURT BASKET. JUST A HEADS-UP. THAT'S WHAT WE -- I AM ALMOST POSITIVE THAT IS WHAT WE -- BECAUSE IT WAS INCLUDED IN A BARN PROJECT AND WE HAD SOME PROBLEMS WITH THE GROUND, THE GROUND WASN'T STABLE UP, HAS A HUGE ISSUE WITH THE BASKETBALL COURT, THIS VERY TO DO A LOT OF GROUND WORK AND IT WAS GOING TO COST US MORE TO INSTALL THE BASKETBALL COURT THAN FOR THE PRICE OF BASKETBALL COURT, IT WAS ROUGHLY $150,000.

>> AND AT SOME POINT, AND IT'S NOT TONIGHT, BUT AT SOME POINT I THINK EITHER COUNCIL OR STAFF WILL HAVE TO FIGURE OUT, ARE WE PUTTING THAT BASKETBALL COURT BACK THERE OR BUILDING A NEW BASKETBALL OR JUST DOING AWAY WITH IT ENTIRELY. BUT AGAIN I DON'T THINK THAT'S A DISCUSSION FOR TONIGHT YEAH, THAT WAS 2018, SO IT COULD HAVE CHANGED.

BASKETBALL COURTS ARE TRICKY BECAUSE THEY'RE A CONCRETE SLAB AND ANY GROUND SHIFTING UNDERNEATH IT BECAUSE IT'S SMALL, SO -- THERE'S ALSO CONVERSATION IN THAT MEETING ABOUT DOING SOMETHING AROUND MANAGING THE EGRESS FROM THE PARK AREA SO IF SOMETHING HAPPENS THAT THERE'S A GREATER ABILITY FOR THE PUBLIC SAFETY OFFICERS TO CORRAL PEOPLE,

MEANING BASICALLY FENCING INSIDE THE SIDEWALK. >> YEAH.

>> SO I KNOW THAT GISD IS PURSUING THAT WITH ALL OF THEIR CANVASES AND I ADMIRE THAT EVERY BECAUSE THE KIDS THAT ARE THERE AND I'M IN THIS NEIGHBORHOOD, I PERSONALLY LIKE THAT THE PARK IS WIDE OPEN, I KNOW IT'S NOT AS CONDUCIVE TO PUBLIC SAFETY BUT I THINK PUTTING A FENCE AROUND IT MAKES IT SEEM LIKE IT'S MORE SECLUDED OR MORE PRIVATE, AND IT'S NOT DESIGNED TO BE THAT WAY. IT REALLY IS A COMMUNITY PARK. I DON'T KNOW THAT THAT'S THE

RIGHT ANSWER BUT FOR ME PERSONALLY, THAT'S WHAT I LIKE. >> I HAVE A LIST AND WE'LL GET A

PRICE AND COME BACK. >> SO I'D ALSO LIKE TO PROPOSE THE 12,000 FOR PERMANENT POWER

TO THE MEDIAN ON MAIN STREET. >> OKAY. >> THAT WAS --

>> IS THAT WHAT IT IS? >> YES. >> ARE THOSE CATS?

>> YES, THOSE ARE CATS. I WAS THERE TWO DAYS AGO AND THERE WERE TONS OF CATS.

>> A BLACK AND WHITE CAT IS OUTSIDE OF OUR WINDOW ALL THE TIME...

>> IT'S $12,000 FOR PERMANENT POWER. .

>>> OKAY. >> AS LONG AS WE'RE ON THAT SUBJECT...

CAN WE GET THE GENERATORS FOR THE FARMERS MARKETS, LUNCH ON THE LAWNT, THOSE TRUCKS --

>> THERE IS OH WE NEED TO GET A PRICE, IT WAS $80,000. THAT'S 210?

>> THAT WAS FOR A PLUG-IN AROUND THE PARK SO THAT YOU WOULDN'T HAVE TO HAVE DINNER.

REMEMBER, SOME OF THOSE GUYS USE MUCH MORE POWER AND THEY'RE ON AN INDEPENDENT CIRCUIT, SO IT

WAS -- AARON AND I DID IT FOR PARKS AND REC. >> IT IS A HUGE DETRIMENT FOR THE ATTEND ANCE DOWN THERE BECAUSE YOU COULD STAND 50 FEET FROM THE MUSIC BEING PLAYED AND

YOU CAN'T HEAR IT. THE AMBIENT NOISE WAS TOUGH. >> AND MAYBE THE INTERIM WE'LL DO SOME -- A LOT OF YOUR FOOD DRUGS USE WAY MORE THAN 110 BOLTS.

SO IF YOU HAVE THOSE CHARGERS RIGHT THERE. >> YEAH, WE USE THOSE.

WE ABSOLUTELY USE THOSE WHEN WE HAVE SMALL STUFF. SO WE'LL DO SOME RESEARCH AND I'VE GOT IT ON THE LIST.

[01:55:23]

>> I THINK ARE YOU ALSO DEVELOPING HERBERT PARK TO BE YOUR EVENTUALABLE LUNCH ON THE LAWN CONCERT SERIES, DUE TO PARKING AND ALL OF THOSE OTHER REASONS.

JEFF BRINGS UP A GOOD POINT. WE WILL GET A PRICE AND BRING THAT AT NEXT COUNCIL MEETING.

IS THAT FAIR? ANYTHING ELSE PARK RELATED? >> GOOD? ALL RIGHT. YOU'RE FREE. ALL RIGHT.

>> THANK YOU. >> NEXT UP IS JEFF. WE'RE GOING TO GO THROUGH A COUPLE AND THEN YOU CAN ASK JEFF QUESTIONS AND WE CAN HAVE RONNIE ANSWER ANY QUESTIONS.

>> I DON'T LIKE THESE PROJECTS. HERE'S SOMETHING THAT RYAN -- BRIAN, JEFF AND THE TEAM -- I KNOW JEFF IS SITTING HERE BUT IT'S THE ENTIRE TEAM THAT WORKS ON THIS.

ONE OF THE THINGS THAT, YOU KNOW, COUNCIL HAS ASKED ABOUT ARE WHAT ARE THE TOP ALLEYS AND STREETS. THEY ARE NOT DIVIDE UP BY WHAT'S ASPHALT AND WHAT'S CONCRETE.

I THINK RONNIE HAS THAT. SO RONNIE COULD TELUS THAT'S ASPHALT OR CONCRETE, THAT'S ONE OF THE THINGS I ASKED HIM TO DO. ALONG WITH WHAT WE BELIEVE THE CURRENT PRICE WOULD BE TO DO

THOSE. CORRECT? >> BASED ON OUR CURRENT ALLEY PROJECTS. YES. CULL SEE THE TOP 25 THERE AND COSTS ASSOCIATED WITH THEM. THOSE ARE YOUR STREETS AND ALLIES.

AND AGAIN COUNCIL, IF THERE ARE AN OTHER PROJECTS YOU'RE INTERESTED IN, OUR STEAM HAPPY

TO GO BACK GET SOME PRICES AND I'M KEEPING A RUNNING LIST. >> I'M ALREADY DOWN TO $870

AFTER MOST OF WHAT WE JUST DISCUSSED. >> 610, 702, 90 AND 12.

>> BUT THEN YOU TAKE OFF THE MILLION DOLLARS FROM THE 3.8 AND.

>> RIGHT. >> AND NOW YOU'RE -- >> ARE THESE RANKED BY, QUOTE,

PRIORITY OR. >> NO THEY'RE NOT. >> NO.

I PUTTOGETHER THE LIST FROM ANOTHER LIST, I DON'T -- ALSO FROM THE GI S THAT IS A VISUAL AID AND FIGURE OUT WHERE THE WORST AREAS OF THE CITY ARE. AND I JUST -- SO I ASKED THAT BECAUSE WE HAD PEOPLE LAST YEAR, WE NEED TO START TO PRIORITIZE. THIS IS NOT A PRIORITY BUT --

>> NOT YET. >> RIGHT. >> THIS IS YOUR TOP 20 --

>> BUT THEY ARE THE TOP BECAUSE THEY WERE READ AND THEY HAD -- THEY WERE ON THE LIST THAT I GOT FROM RONNIE'S TEAM THAT IDENTIFIED WHERE THE LOWEST PCR RATE PRESCRIPTION.

>> I WISH THOSE WERE BULLET POINTS INSTEAD OF NUMBERS. >> I APOLOGIZE.

>> I ASKED FOR THE TOP 22 AND THEY GAVE ME THE TOP 22 AND I PUT THEM IN PRIORITY ORDER.

THAT IS NOT CORRECT. >> SO -- >> I KNOW WE HAVE THE GIS OUT.

>> WE HAVE NOT PUT THESE LISTS OUT. >> I MEAN THE PCI LISTING.

>> IT'S AVAILABLE ON GIS. >> BUT IN A MAP. >> OKAY.

>> IT IS NOT IN A TEXTUAL FORM YET. >> IN IS SOMETHING THE TEAM WAS WORKING ON. THEY HAVE NOT PUT THE FULL LIST TOGETHER, SO.

I THINK THIS PART NEEDS TO WAIT UNTIL OUR DISCUSSION IN APRIL. I CAN'T TELL YOU WHAT STREETS WE SHOULD -- OR IF ANY BECAUSE WE'RE WORKING ON NUMBERS HERE. ACCURATE NUMBERS ON WHERE WE'RE AT BECAUSE WE'VE ALREADY KIND OF SAID WE'RE DOING THIS, THIS, THIS.

[02:00:44]

ANY OTHER PROJECTS YOU WANT THIS TEAM TO CONSIDER? >> YES.

>> CAMERAS. >> THE RESEARCH PROJECTS OR THE THINGS YOU WANT TO ADD?

>> THINGS I WANT TO ADD. >> OKAY. IS 10 CLOCK CAMERAS.

>> WHICH IS $30,000. WE HAVE 10 OF THEM CURRENTLY AND LIKE ANOTHER 10.

NO, BECAUSE THERE'S TWO MAIN ENTRANCES THAT WE CANNOT COVER BECAUSE TXDOT IS DIFFICULT.

BUT IT'S NOT JUST ABOUT GETTING THE ENTRIES AND EXITS AS MUCH AS IT IS AREAS IN WHICH WE KNOW THERE ARE HOT SPOTS, RIGHT. SO IT CAN COVER THAT, IF WE HAVE HOT SPOT AREAS, YOU COULD PUT A CLOCK CAMERA THERE AND START TO UNDERSTANDS IF THEIR STOLEN VEHICLES OR FELONY WARRANT SUBJECTS WHO ARE WANTED GOING IN AND OUT. THAT NARROWS DOWN YOUR --

>> IS THERE A STANDARD IN OTHER CITIES HOW MANY PER ROAD MILES, THAT TYPE OF THING, OR IS IT MORE ABOUT TARGETING SPECIFIC AREAS. 10 CLOCK CAMERAS.

>> ONE MORE. SO I PRICED OUT, I TALKED TO RONNIE ABOUT IT.

YOU DON'T KNOW ABOUT THIS YET, SORRY. IT'S NOT HIS FAULT.

IT'S MY FAULT. >> $10,500 FOR REPLACING 46 SODIUM LIGHTS ON TRAFFIC SIGNAL INTERSECTIONS. THEY'RE CITY OWNED, ON THE TRASKT SIGNAL, YOU KNOW, HAVE YOU THE LIGHT THAT COMING OUT ON THE TRAFFIC SIGNAL AND THEIR ILLUMINATION.

THIS REPLACES THE OLD SODIUM WITH L.E.D.S, IT MAKES OUR INTERSECTIONS SAFER AT NIGHT.

THIS GETS US TO WHERE WE NEED TO

>> AND DID WE GET A NOTICE THIS WEEK OR LAST WEEK ABOUT A GRANT OPPORTUNITY

>> THAT WOULD NOT COVER. >>

>> SO JUST SO YOU GUYS KNOW ONE THING THAT RONNIE AND RACHEL HAVE BEEN TALKING ABOUT WITH THAT MONEY IS THE POTENTIAL TO ADD WHEN WE GREETED MILLER ROAD HOUSE MAKING SURE WE TOOK SOME LIGHTS OUT AND DID NOT PUT THEM BACK IN SUSSER PROJECT THEY'RE LOOKING AT SPENDING ALL THAT MONEY CAN BE VERY EXPENSIVE SO JUST SEE YOU GUYS NOW YES THEY ARE LOOKING AT THAT THAT'S A CURRENT PROJECT AND LET'S HUNDRED 20,000. SIMMONS AS PROBABLY NOT GOING TO COVER THE COST. THAT'S WHAT I'M SAYING I WOULD LIKE FOR THE COUNCIL TO

[02:05:08]

CONSIDER ALLOCATING 10,500 THE BULBS ARE TO ORIGIN TO DO >> TO ANYONE LOOK AT IN THAT NEIGHBORHOOD ABOUT SOME TYPE OF LIGHTING DOWN THERE THE SILVER ONES THAT WE SAW.

SOON THAT WAS NOT INCLUDED ON THIS I THINK WE NEED TO MEET WITH THOSE HOMEOWNERS AND TALK TO THEM BECAUSE THAT IS IN THEIR BACKYARD AND A LOT OF THEM DON'T HAVE WOODEN FENCES ON THE BACK AND I AM CONCERNED ABOUT THAT AT I DO WATCH I THINK THAT SOMETHING WE NEED IF WE'RE EVER GOING TO HAVE A CONVERSATION ABOUT BEFORE WE START EXPLORING THAT AND I AM TELLING YOU A STREETLIGHT SHINES RIGHT IN MY BEDROOM WINDOW AND IT'S A PAIN AND

>>. [INDISCERNIBLE] LIGHTING AND AGAIN.

>> IN THERE WE MIGHT BE BETTER SERVED TO PUT IT SOLAR POWER AS WELL.

>> AND IF WE CAN PUT THE CAMERAS DOWN THERE BECAUSE WE PUT A TRAIL IN BACKYARDS IN SOME PLACES WHICH PRESENTS AN OPPORTUNITY FOR THE BAD GUYS THAT WERE THERE BEFORE.

>> WE WILL LOOK INTO IT. SMOOTH THE REASON I BROUGHT MY CONSTITUENTS HERE TO TALK TO YOU. [INDISCERNIBLE] [LAUGHTER] [INDISCERNIBLE] FIX THE DRAINAGE PROBLEM BECAUSE THE DRAINAGE PROBLEM IS A BIG ISSUE IT'S AN ONGOING ISSUE YOU DON'T SEE IT WHEN IT DOESN'T RAIN BUT WHEN IT RAINS THE OUTSIDE AND I BELIEVE THAT WOULD BE AROUND.

[INDISCERNIBLE] IS THAT RIGHT? SO THE OUTDOOR KENNELS HAVING DRAINAGE AND THAT'S WHAT WE ARE TALKING ABOUT IS CONCRETING THE OUTDOOR KENNELS.

>> EVEN IF THE SHELTER. [INDISCERNIBLE] >> WHERE DID IT GET IS THAT

OFFICIAL? >> I THINK WE TALKED ABOUT IT.

DD SOMETHING ABOUT. [INDISCERNIBLE] > MAYBE 30.

>> I AM ON IT. >> WERE GOING TO GO BACK AND YOU ARE GOING TO HAVE TO THUMBS UP AND THUMBS DOWN.

>> FUTURE WILL COUNSEL SHOULD DECIDE >> WE ARE PUTTING THIS OFF AND

PUTTING THIS OFF. >> IT WILL TAKE TWO YEARS FOR US TO GET INTO THE SHELTER ANYWAY.

>>. [INDISCERNIBLE] >> TO BUILD A NEW SHELTER TO

START IT RIGHT NOW. >> IS THAT CONCRETE AND TURF?

>> AT THIS POINT IS JUST CONCRETE.

>> A BIG ISSUE IS >> HOLD ON. ONE AT A TIME.

>> SO TO YOUR POINT THE BIG ISSUE IS THAT THE TURF GETS PULLED OUT OF THE SOIL IT DOESN'T STAY DOWN THE DOGS JUST. [INDISCERNIBLE] IT PULLS THE TURF UP AND TURNS IT INTO MUD AND THE WORST THING IS THAT THE WASTE DOES NOT RUN OFF WITH WATER BECAUSE IT'S JUST DIRT AND IT GETS GROSS. SO CONCRETE HELPS PUSH SOME OF

THAT AWAY >> AND THE VOLUNTEERS HAVE REPLACE THE TURF AT THEIR OWN

EXPENSE OVER AND OVER AND IT JUST DOESN'T WORK >> IF THEY WOULD JUST LEAVE IT

ALONE IT WOULD BE FINE. >> WE NEED A SIGN-UP LIST SAYS

DON'T MESS WITH. [INDISCERNIBLE] >> SO I GOT THAT AND EVERYTHING RIGHT NOW THIS INCLUDES YOUR 500,000 IN ASPHALT IF YOU WANT TO INCLUDE THAT IN THE LIST.

THAT'S WHERE YOU ARE RIGHT NOW. WHAT ELSE? YOU HAD 35.

>> 38 MINUS 19 IS.9. >> SO REALLY 1,000,900 ? SO YOU

[02:10:10]

ARE REALLY AT >> WE HAVE 1.8 LEFT.

>> ANYONE ELSE HAVE ANYTHING ELSE LEFT THEY WANT TO ADD?

>> THREE LOCATIONS I HAVE BEEN PUSHING THIS DOWNTOWN PLAN THEY ARE CONCERNED ABOUT PEDESTRIANS CROSSING MAIN STREET THEY HAVE THOSE WHERE YOU PUSH A BUTTON AND IT PAUSES AND THE LIGHT/ AND I THINK ONE ON EITHER END OF MAIN STREET AND I WOULD FRANKLY LOVE TO HAVE ONE DOWN ON FALCONER AND ROWLETT ROAD. THERE IS A SIGN THERE RIGHT NOW.

>>. [INDISCERNIBLE] >> IS SO CONFUSING IT'S DANGEROUS IF SOMEONE TRIES TO STOP SO HAVING A COUPLE OF THEM OUT THERE.

>> HE IS WORKING ON THAT RIGHT NOW. WE JUST HAD THIS CONVERSATION.

NEEDLESS TO SAY I DON'T SPEND A LOT OF TIME DOWNTOWN WE JUST HAD THIS CONVERSATION WITH RACHEL ABOUT HOW UNSAFE IT IS AND RACHEL'S GOING TO LOOK FOR A GRANT TESSA THEY COULD APPLY

FOR GRANTS. >> I TRIED TO SOLICIT OTHER

LOCATIONS AROUND THE CITY. >> AND THERE IS A BIG DEAL THE

SIGN YOU ARE DRIVING TOO FAST. >> THE PROBLEM IS YOU WILL GET A GOOD SAMARITAN WHO WILL STOP AND NOBODY ELSE IS, GO GO GO.

>>. [INDISCERNIBLE] >> IS THERE OKAY.

YOU WANT TO HEAR THE LIST? 610,248 FOR THE NEW OPTICON FOR THE.

[INDISCERNIBLE] ONES THAT DON'T WORK. SPENT GO AHEAD AND ROUND TO THE NEAREST. [INDISCERNIBLE] I WON'T KEEP UP WITH IT.

>> I DID THE MATH >> SPENDING MORE TIME TALKING ABOUT HOW WE ARE PRESENTING THE

NUMBERS. >> 610,000 FOUR.

[INDISCERNIBLE] SHOW ME A THUMBS UP OR THUMBS DOWN. 702,000 FOR THE LANE STRIPING

90,004 PARK LIGHTS AND CAMERAS >> I PUT 60.

>> I AM PRETTY SURE IT WAS 90. >> I WOULD PROBABLY VOTE TO BUMP THAT UP. AND WE MIGHT WANT TO ADD SOME OTHERS.

COUNSEL? >> WOULD WE DO IN CASE THERE'S OTHER AREAS THAT HAVEN'T BEEN THOUGHT OF.

>> I AGREE WITH THAT YOU MIGHT BE ABLE TO GET BANG FOR YOUR BUCK IF THERE SOLAR RIG BECAUSE YOU PRICED ELECTRICAL INSTALLATION FOR ALL THE LIGHTS WERE TALKING ABOUT BUT THERE

ARE SOME OR YOU CAN SAVE AND >> WE HAVE TO PUT BATTERIES IN EVERY THREE YEARS

>> 100,004 LIGHTS AND CAMERAS. $12,000 FOR PERMANENT POWER DOWNTOWN ON THE TREES AND.

[INDISCERNIBLE] >> HOW MUCH WAS THAT?

>> 12,000. 30,000 410 ADDITIONAL BLOCK CAMERAS 10,500 TO REPLACE 46

SODIUM LIGHTS. >> ARE ANY OF THOSE, DO ANY OF

THOSE ABOUT HOMELESS? >> NO.

THESE ARE REPLACING EXISTING LIGHTS.

>> YOU SAY THESE ARE SO MUCH BRIGHTER. THAT'S WHY I'M ASKING THE

QUESTION. >> THESE FACE DOWN THERE ARE NOT LIKE SODIUM. YOU CAN SEE IT EVERYWHERE. THESE ARE FACING DOWN SO THEY ONLY ELIMINATE THE INTERSECTION IT'S POINTING TO.

>> OKAY. >> THUMBS UP ON REPLACING THE LIGHTS? OKAY. ASPHALT REPAIRS.

HAVING 500,000 TO THAT WHICH WOULD AND THEN WE WOULD HAVE A BIGGER DISCUSSION ABOUT LONG-TERM STRATEGY DURING THE BUDGET. IS THAT FAIR?

[02:15:03]

I'VE TRIED TO GET THROUGH THIS. 30,000 FOR THE OUTDOOR KENNELS AT THE ANIMAL SHELTER AND CONCRETE INSTALL DRAINAGE AND RONNIE WILL GET A PRICE ON HOW MUCH FOR THE CROSSWALK.

WE DON'T KNOW. WE WILL GET A PRICE AND GIVE ME A RANGE I DON'T KNOW HOW MUCH.

HOW MUCH DO YOU WANT TO PUT TOWARDS THAT? THE CROSSWALK.

DOWNTOWN AND THUS THE PROBLEM I DON'T KNOW HOW MUCH THEY ARE.

>> THAT'S ABOUT $200,000. >> VERY SIMILAR TO.

[INDISCERNIBLE] >> IT'S ON A POLE.

>>. [INDISCERNIBLE] >>

>> THERE ARE TWO KINDS ONE IS A POLE THAT CATCHES ATTENTION AND WANT THE STRIPES ACROSS AVENUE

>> AND THE OTHERS >> I THINK WE NEED TO AT LEAST BECAUSE I WOULD ALLOCATE 100,000 MINIMUM BECAUSE THESE THINGS ARE MORE EXPENSIVE THAN YOU THINK THEY ARE.

THESE THINGS ARE MORE EXPENSIVE THAN YOU THINK THEY ARE. >> I WOULD HAVE NEVER GUESSED

THE >> 250,000.

>> WE WILL HAVE TO COME BACK TO YOU WITH A BUDGET AMENDMENT. WHEN EVERYBODY HAS TIME TO DO THE RESEARCH AND YOU CAN DO A FINAL THUMBS UP OR DOWN AT THAT POINT BUT I THINK WE HAVE ENOUGH CONSENSUS THAT YOU WANT TO KNOW WHAT THAT NUMBER IS.

>> CAN WE GET A PRICE ON BASKETBALL?

>>. [INDISCERNIBLE] >>.

[LAUGHTER] >> WE ARE AT 1.8.HAT'S WHERE WE ARE.

SWIM WITH THE TOTAL EXPENSE. [INDISCERNIBLE] >> SO THE TIME OF RED WATERVIEW

YOU CAN BUY SOLAR FOR $3500. >> BUT

>> LET US KNOW BECAUSE WE ARE GOING TO HAVE A LOT OF CARS GOING ACROSS.

WE WILL BRING IT BACK TO MAKE SURE WE HAVE IT RIGHT.

>> I WANT TO THROW ONE OUT SEE WHERE THE NUMBERS CAME OUT DURING THE BUDGET PROCESS WE REQUESTED WE DO A FULL 100,000 FOR CONTINUED CAPITAL IMPROVEMENTS AND WE FUNDED IT FOR 25 AND ANOTHER 75 YOU HEARD ABOUT THE ISSUES THAT WERE OUT THERE AND IF WE ARE DOING A BUDGET AMENDMENT WE HAVE SAVINGS OUT THERE AND. [INDISCERNIBLE] BUDGET AMENDMENT WHEN WE DID THE BUDGET THIS YEAR ENDED 25 BUT THERE'S IMPROVEMENTS THAT NEED TO BE MADE OUT THERE JUST THROWING IT OUT THERE.

>> I HAVE A SUGGESTION. >> SO 75 BECAUSE WE DID 100 A YEAR BEFORE WE DID 100 THIS YEAR AND WE DID 25.

>> LASHES SEE WHAT IT DOES WHEN WE COME BACK AND LET'S ADD IT IN THE AIR AND WE WILL SEE WHERE THINGS FALL AND WE COME BACK IN APRIL.

>> THERE'S NOT ENOUGH LEFT AND WHAT IS ON TOP OF THAT LIST.

>> THE BATHROOMS INSIDE OF THAT CLUBHOUSE HAVE TO BE ? >> THAT YOUR FRONT DOOR IN THEIR AND THEY ARE GROSS THERE IS NOT ENOUGH MONEY LEFT TO DO THAT.

THERE'S OTHER SMALLER PROJECTS >> I JUST WANT TO CLARIFY.

>> OTHER RECOMMENDATIONS FROM STAFF?

>> WE ARE ON TO YOUR LIST. >> I THINK THE STAFF HAS A LOT AND I WILL BE HONEST WITH YOU YOU WILL SEE SOME OF THOSE IN BUDGET AND MAYBE THAT'S FOR YOU HANG ONTO REMAINING MONEY AND THOSE REQUESTS FROM STAFF DURING THE BUDGET.

>> WE WANT TO MENTION THOSE CAME OFF A COUPLE OF BOARD MEETINGS TO GET OUT OF THE COIL

HOUSE THERE ARE SOME ISSUES WITH SOME OF THE EXTERIOR >> I WOULD HAVE TO DO SOME

[02:20:15]

I DO NOT KNOW. SO LET US DO SOME RESEARCH TO SEE WHAT IT NEEDS.

>> IT'S IMPORTANT TO GET THAT BACK INTO OPERATION BECAUSE YOU CAN MONETIZE IT BY ? HOST WEDDINGS AND EVENTS AND THINGS LIKE THAT OUT THERE AND CAN OFFSET THE COST

>> GET SOMEONE >> THESE ARE. I TAKE IT THESE ARE THINGS YOU

WANT US TO COME BACK WITH AN HOUSE IMPROVEMENTS. >> OVER AT ? PARK ON THE NORTHEAST CORNER OF THE PARKING LOT THERE SOME STONES OVER THERE TO KEEP PEOPLE FROM DRIVING AROUND THAT WAY BUT ON THE CURVED PART OF THE NORTHWEST PARKING LOT THERE IS NOTHING THERE ARE PEOPLE DRIVE UPON THEIR AND TRY TO LAUNCH BOATS.

WHEN I SAY ROCKS, I MEAN BOULDERS. NOT DRIVEWAY ROCKS.O WE COULD SEE WHAT IT WOULD COST TO PUT SOME BOULDERS THERE TO KEEP PEOPLE FROM DRIVING UP ON

THERE. ON THE NORTHWEST SIDE AND >>

>> I CAN DO IT IF I THINK ABOUT IT. > IT'S TOWARDS THE WATER.

ADD THE BOAT LAUNCH THING IS PEOPLE DRIVE ON THEIR AND AN ATTEMPT TO PUT THEIR BOAT IN THE WATER THAT WAY. SAYS SECOND THING ALSO THE WAY THE SIDEWALKS ARE SITUATED NEXT TO THE PARKING LOT ANYTIME YOU HAVE A PICKUP WITH THE ? STICKING OUT THE SIDEWALK IS NOT ENOUGH TO BE PASSABLE I THINK IT'S IMPORTANT THAT WE WIDEN THOSE SIDEWALKS

>> MAYBE NOT QUITE THAT MUCH BUT EVEN JUST ADDING THREE MORE FEET ON THE WIDTH OF THE SIDEWALK BECAUSE IT'S REALLY EASY AND IS THE WEST SIDE OF THE PARK AND THE SOUTH SIDE OF THE PARK AND I THINK I CAN'T REMEMBER IF THERE'S PARKING SPACES THAT ARE NORTH AND

SOUTH. >> WE WILL GET A PRICE ON THAT.

>> ANYBODY ELSE HAVE ANYTHING ELSE YOU AND ME TO LOOK AT? IF NOT, YOU KNOW HOW TO FIND

ME. >> HELICOPTER AND MARGARITA

MACHINE. >> YOU DID NOT JUST SAY THAT.

[LAUGHTER] >> 'SOKAY THERE ARE A FEW THINGS THAT WE NEED SOME FEEDBACK FROM YOU GUYS ON BEFORE WE LEAVE.

>> AS YOU KNOW SENATE BILL 2 WE ARE ON THE ACCELERATED SCHEDULE SO REMEMBER THE REASON WE DO THE ACCELERATED SCHEDULE IS IF WE NEVER WANT TO TAKE IT FOR PGRANTED THAT WE WILL OR WON'T POSSIBLY HAVE AN ELECTION IN NOVEMBER IF THE ANSWER IS CLEARLY NO WE DON'T HAVE TO STAY ON THE ACCELERATED SCHEDULE BUT IF IT'S POSSIBLE WE MIGHT HAVE TO STAY ON IT AND THE REASON FOR THAT, IN ORDER TO HAVE THE NOVEMBER ELECTION HAVE TO PASS AN ORDINANCE BY MID AUGUST AND IT CAN VARY IN SOME YEARS ON THE 15TH OR 16TH OR 17TH AND IT HAS TO BE 78 DAYS BEFORE THIS AND THOSE KINDS OF THINGS SO HERE'S THE QUESTION.

WE THINK THERE'S A STRONG POSSIBILITY THAT AT A MINIMUM ASSESSED VALUE IS GOING UP LEADING TO 3 AND A HALF PERCENT AND QUITE FRANKLY PROBABLY EVEN ABOVE THAT AND MAYBE EVEN MACHINE SIX AND EIGHT. THERE WOULD BE ROOM TO DO THE 3 AND A HALF OF THE UNUSED INCREMENT WHICH IS WHAT? SO UNLESS COUNSEL BELIEVES THAT THERE IS A STRONG POSSIBILITY THAT WE GO TO THE VOTERS IN NOVEMBER. REMEMBER THIS IS MORE OF A TAX RATE INCREASE FOR OWEN M. IT DOESN'T APPEAR TO US THAT AT THIS STAGE THAT THAT WOULD BE A

[02:25:08]

>> YES AND NO. >> ANY YES AND NOW HERE?

>> I WOULD NOT VOTE FOR A TAX RATE.

>>. [INDISCERNIBLE] >> YOU ASKED IF I HAD A THOUGHT AND I SAID YES AND THE ANSWER IS NO.

>>. [INDISCERNIBLE] >> HOW MANY PEOPLE WOULD NOT BE INTERESTED IN TRIGGERING AN ELECTION? EXCELLENT.

>> YOU HAD ASKED ME. >> YOU ARE NOT SURPRISED BY

THAT. >> WE JUST PROVIDE DIRECTION TO RAISE OUR HANDS TO VOTE. IT'S JUST CONSENSUS.

>> COUNSEL, WOULD YOU HAVE ASKED THAT PARTICULARLY WITH MY RETIREMENT COMING UP THAT WE TRY TO HAVE THE BUDGET READY TO GO BY THE TIME I LEAVE. WE CAN STILL DO A LOT OF THE WORK IS STILL PROVIDE SOME FLEXIBILITY FOR COUNSEL AFTER THAT DAY TO HAVE THESE CONVERSATIONS TO TIE SOME THINGS DOWN. THERE MAY BE SOME THINGS WE WOULD PUSH OUT BEYOND IT BUT BASED ON WHAT YOU TOLD ME BEFORE JULY 11 WOULD BE THE DATE THAT WE ARE TRYING TO PRESENT THE PROPOSED BUDGET BUT IF WE DO THAT YOU STILL WANT HAVE YOUR FINAL CERTIFIED PROPERTY TAX. IF THAT IS STILL THE ANSWER I

NEED TO KNOW THAT AS WELL. >>

>> I WOULD RATHER HAVE ACCURATE DATA OBVIOUSLY.

>> YOU WOULD HAVE THAT. >> MY APOLOGIES.

>> I KNOW THE STATE WANTS US TO NOT HAVE THAT INFORMATION BUT THIS IS THE WAY THEY ARE.

IF WE HAVE A CHOICE I WOULD RATHER HAVE VALID DATA TO CREATE A VALID BUDGET THAT WE

DON'T HAVE TO AMED THE WEEK AFTER >> I WOULD THINK THERE WOULD BE A WAY FOR US TO HAVE KIND OF HEAD CERTAIN KIND OF BUDGET READY AROUND THAT TIME WITH THE IDEA THAT AFTER WE ARE ENJOYING RIDING HORSES THAT WE CAN PUT. [LAUGHTER] FINISHING TOUCHES AFTER THE FACT WE HAVE CERTAIN DAYS. WE DON'T HAVE TO VOTE ON IT

>> TO BRIAN'S POINT I STRONGLY BELIEVE WE COULD GET INTO THE 90 PERCENT STAGE BY JULY 11 WE WOULD HAVE HAD ALL THE COUNSEL WORKSHOPS YOU HAVE ALREADY HEARD FROM STAFF.

WE HAVE GOOD ESTIMATES AND HE JUST WON'T HAVE FINAL NUMBERS THAT WOULD GIVE STAFF TO JULY TO GET THESE FINAL CERTIFIED VALUES MAKE SOME FINAL ADJUSTMENTS BEFORE YOU GET THE

BUDGET THE FIRST MEETING. >> WHEN WILL WE GET PRELIMINARY

APPRAISAL? >> THE 25TH.

>> ? EARLY UNLESS YOU KEEP THE SNOW AND PROPERTY TAX.

>> >> YOU DON'T CARE, DO YOU?

>> THE LAST THING. >> SO BASICALLY I FEEL LIKE WE GOT DIRECTION. LAST QUESTION FOR TONIGHT. SO AGAIN I RECOGNIZE ? BUT AS YOU KNOW WE ARE WORKING OUT WELL ON OUR WAY TO WORKING ON THE PROPOSED BUDGET.

[02:30:07]

THE INCENTIVE PAY. >> WHAT MONTH SHIFT DIFFERENTIAL.THAT WAS ONE THAT COUNSEL HAD ASKED US TO LOOK AT.

AND IF YOU STILL WANT TO SEE IF THAT'S VIABLE WE COULD HAVE ANOTHER CONVERSATION ABOUT THAT'S JUST ONE EXAMPLE IS OR ANYTHING ELSE IF WE DON'T DO THAT WE ARE GOING TO MISS AN OPPORTUNITY AS WE ARE GOING TO TRY TO MAKE THAT HAPPEN.

>> SO WE ARE NOT CAUGHT IN ONE OF YOUR BUDGET MEETINGS WE REALLY DON'T KNOW WHAT THAT LOOKS LIKE AND THIS WILL HELP OUR LEADERSHIP TEAM MAKE SURE THAT THEY CAN HAVE THOSE MAJOR

PRIORITIES. >> IT TAKES A LOT OF RESEARCH.

WE WOULD LOVE TO KNOW IT NOW. >> WHAT DO WE ROUTINELY DO FOR PPROVIDING MONEY INTO TRAINING FOR ALL STAFF AND WE TARGET ALL STAFF BECAUSE IT VARIES DEPENDING ON THE TYPES OF JOBS THE POLICE AND FIRE IS HEAVILY INTENSIVE AND IT IS FOCUSED ON

MAINTAINING CERTIFICATIONS AND >> ? TYPICALLY BUDGET SO WE MAPPED OUT WHAT WE ARE GOING TO NEED AND THAT'S WHAT WE ASKED FOR. I SUSPECT EVERY DEPARTMENT DOES THAT. THROUGH THE LAST TIME I REMEMBER WE HAD THIS CONVERSATION ABOUT ALLEGATIONS. IT WAS ONE OF THE LOWEST IN THE REGION AND POLICE WE RELY ON FUNDS BUT THERE'S SOME DISCUSSION ABOUT TAKING A LOOK AT THAT STRATEGY THAT WILL BE IN THIS BUDGET WHERE THERE'S A RECOMMENDATION TO CHANGE THE STRATEGY FROM PAYING FOR TRAINING TO GENERAL FUND DOLLARS AND THAT WILL BE SOMETHING THAT WIL BE COMING

TO US. >> AND WE WILL MAKE SURE EVERY

DEPARTMENT IS FOLLOWING THAT PROCESS >> EVERY EMPLOYEE SHOULD HAVE THE OPPORTUNITY TO GROW PRETTY MUCH EVERY DIRECTOR ENDS UP ACTING AS PROJECT MANAGER TO MAKE SURE WE HAVE TRAINING AND IF POSSIBLE THEY HAVE STAFF THAT HAS OUT SO THEY CAN

DELEGATE SOME OF THAT. >> WE WANT TO MAKE SURE WE LOOK AT ADDING MORE POLICE OFFICERS AND IF JOEY NEEDS MORE PERSONNEL BECAUSE THE WAY WE ARE GROWING SEEMS TO ME WE DON'T HAVE ENOUGH PEOPLE. [LAUGHTER]

>>. [INDISCERNIBLE] [LAUGHTER] >> I WILL TELL YOU THAT WE HAVE SPOKEN TO THE CHIEF AND THE CHIEF IS WORKING ON IF IT IS OFFICERS HE WANTS IT MAY BE LIKE SPECIAL TACTICS. A STRIKE UNIT SO THAT MAY BE WHAT THEY ASKED FOR BUT THEY

COULD TELL YOU RIGHT NOW THE POSITIONS HE NEEDS P>> I THINK I KNOW THIS WILL BE POSED TO US BUT WE HAVE PUSHED OFF HIRING PARKS MAINTENANCE STAFF I DON'T THINK WE CAN AFFORD TO DO THAT ANYMORE I THINK WE NEED TO TAKE PARK QUALITY SERIOUSLY AND WE HAVE TO GIVE THEM THE TOOLS TO SUCCEED SO WE NEED TO TAKE THAT SERIOUSLY AND GET HIM MORE ASSISTANCE WITH PARK MAINTENANCE STAFF. THAT'S A SERIOUS ONE.

[02:35:02]

>> WE NEED TO TAKE A HARD LOOK AT IF WE HAVE A CAPITAL PROJECT WITH THE IRRIGATION SYSTEM AND WE ARE HEARING OVER AND OVER AGAIN THAT THIS ONE IS NOT WORKING AND WE HAVE FINAGLED IT TO GET IT TO WORK AND THIS IS TEXAS. JULY IT'S NOT GOING TO RAIN.

>> SO WHAT WE WILL DO IS I WILL HAVE EVERYONE MAKE SURE AND WE HAVE TALKED ABOUT THIS.

TELL US WHAT YOU NEED IN 2024. DON'T THINK WE DON'T HAVE ENOUGH MONEY I HAD THAT CONVERSATION TODAY. DON'T APPROACH IT FROM WE ARE NOT GOING TO GET IT SO WE ARE NOT GOING TO ASK. > BUT HE ASKED AND BELIEVE ME I'M GOING TO WANT TO HIRE MORE OFFICERS AND FIREFIGHTERS BUT ALSO WE NEED TO MAINTAIN OUR PARKS AS WELL AND IF WE

WANT TO HAVE QUALITY PARKS WE HAVE TO DEDICATE THE STAFF >> I WILL ASK ALL OF STAFF TO

MAKE SURE >> AND PREVIOUSLY WHAT YOU TOLD US AND WE LOOK AT EVERYTHING POSSIBLE SO WE ARE NOT COMING THROUGHOUT THE YEAR. LIKE WE ARE DOING TONIGHT.

>> AND WHAT WE WILL DO. THEY WILL PRIORITIZE THOSE REQUESTS BUT IT'S NOT LIKE WE ARE NOT GOING TO GET IT SO FOR SEVERAL YEARS YOU DON'T ASK.

>> YOU ALWAYS ADD THEM INTO YOUR BUDGET. YOU CAN'T ANTICIPATE.

>> THERE'S A LOT OF THINGS THAT WE SHOULD LOOK AT >> SO WITH SALARIES WE LOOK AT POLICE AND FIRE AND I WOULD LIKE TO TAKE A MORE INTENSE LOOK AT THE 911 COMMUNICATION CENTER THAT'S A VERY COMPETITIVE ENVIRONMENT AND I WOULD LIKE TO UNDERSTAND MORE ON SPECIFICALLY THAT DIVISION, WHERE WE ARE IN THE MARKET, IF WE ARE COMPETITIVE FOR DOING IT TO ADJUST THE SALARIES TO BE PCOMPETITIVE SO WE DON'T LOSE ANY DISPATCHERS.

I KNOW WE ARE DOING GOOD AT THAT AND IT HAS BEEN A GREAT MANAGER BUT IF WE WANT TO KEEP THESE WE HAVE TO BE COMPETITIVE AND I DON'T REMEMBER A TIME WE LOOKED AT THEM SPECIFICALLY ON

THEIR MARKET. >> I LOOK AT MY BUDGET PRIORITIES AND I SEE A LOT OF THE SAME THINGS THE ANIMAL SHELTER ? MILLER ROAD, THEN I GET DOWN TO CITIZEN FRIENDLY PROCESSES AND I HEAR A LOT OF THE SAME COMPLAINTS TODAY THAT I HEARD THIS TIME LAST YEAR AND ANOTHER'S PROCESS IMPROVEMENTS HAPPENING AND I THINK IT'S TIME WE INVEST IN THE PEOPLE THAT CAN ADD SOME CAPACITY AND REDUNDANCY IN THE COMMUNITY DEVELOPMENT DEPARTMENT ACROSS THE BOARD TO FIGURE OUT WHERE WE HAVE GAPS AND SO WHEN WE HAVE SOMEONE COME FOR A BUILDING INSPECTION DOESN'T MATTER HOW BIG OR SMALL IT IS IT'S ADDRESSED TIMELY AND ACCURATELY AND CONSISTENTLY. BECAUSE THAT SEEMS TO BE SOME OF THE ISSUES. ASSUMING THAT'S AN ISSUE WE WENT TO THE LEADERSHIP TEAM AND SAID THOMAS IT'S NOT OKAY ANYMORE TO SAY THIS IS ALL WE HAVE.

>> NOW IT'S TIME TO PUT OUR MONEY WHERE OUR MOUTH IS AND WE HAVE TO PUT THE MONEY TO IT.

WE WILL SEE WHERE THE BUDGET COMES OUT. TELL US WHAT THEY NEED AND

FISCAL YEAR 2024 >> STRATEGICALLY WE NEED TO THINK ABOUT THE MIX WITH THE PRETTY STEADY AROUND THE TAX RATE AND I BELIEVE IT'S 25 PERCENT GOES TO O&M.

[02:40:06]

>> I WAS LOOKING THE OTHER DAY YOU HAVE TO KEEP IN MIND THE CAPITAL PROJECT, BY USING BONDS TO BUY THOSE WE ARE PAYING 25 TO 30 PERCENT MORE FOR WHAT WE ARE BUYING IN TERMS OF OUR

COSTS. >> THAT IS THE REALITY OF A LOCAL GOVERNMENT. THERE'S NO OTHER WAY TO DO IT WE DON'T HAVE 300 MILLION IN

CASH ON HAND. >> DO WE HAVE THE RIGHT MIX IN THE RIGHT SERVCE AND WE ARE NOT MAINTAINING OUR PARKS SO WE NEED TO THINK OF THAT IN TERMS OF WHERE WE APPLY THAT AND THE MAINTENANCE IS EXPENSE MONEY IT'S WRITING CHECKS TO DO THAT.

ARE WE WRITING CHECKS FOR SOMETHING I THINK WE CAN MAINTAIN OR ARE YOU WRITING THOSE CHECKS ARE THINGS THAT WE HAVE THAT WE WANT TO MAINTAIN. THAT'S A REASONABLE

CONVERSATION TO HAVE. >> WE ARE AT $180 OF TOTAL DEBT. I FORGET.

>> IF WE ARE INVESTING IN THE CAPITAL PROJECTS THAT WE HAVE THE CAPACITY TO MAINTAIN.

BUT I AM NEVER GOING TO BE THE ONE TO SAY LET'S REDUCE OUR ABILITY TO SUBMIT BOND ELECTIONS TO FIX OUR ROADS AND I AM NEVER GOING TO BE THE ONE TO SAY LET'S STOP DOING THAT SUMMA DEALING WITH DEFERRED MAINTENANCE CAPITAL EXPENDITURE SIZE AND AT THE SAME TIME YOUR DAILY EXPOSURE IS VERY I WENT TO THE PARK AND THE CRACKS IN THE FIELD WERE SO BIG BECAUSE THE SPRINKLER SYSTEM WASN'T WORKING. THEY DON'T WANT TO COME BACK.

THAT'S WHAT I'M THINKING ABOUT. >> THAT IS ALWAYS A CHALLENGE OF HOW YOU PRIORITIZE AND THERE'S NEVER A RIGHT ANSWER.

>> THIS IS GREAT.E ARE MAKING CONVERSATIONS ABOUT THAT AS WE MOVE FORWARD.

IS THERE ANYTHING ELSE? >>.

[INDISCERNIBLE] IDENTIFYING POTENTIAL FUTURE THINGS LIKE THE STREETLIGHTS

>> THE LONGER-TERM INFRASTRUCTURE.

>> THAT WE CAN'T CAPITALIZE OUT. I THINK WE ARE DOING IT BODY CAMERA REPLACEMENTS. THAT SOMETHING WE FELL OUT AND WE HAD A HUGE EXPENDITURE SO WE PUT THAT INTO A PROCESS IT'S IDENTIFYING AS MANY OF THOSE THINGS AS WE CAN SO ? DOESN'T GET CAUGHT AND TEAR POINT. MAYBE WE CAN USE ? AND WHAT MAKES SENSE TO PUT INTO JETS AND COVER THROUGH O&M. THAT'S A CONVERSATION. I KNOW WE MADE A CONSCIOUS DECISION A FEW WEEKS AGO TO TECHNOLOGY LIBRARY EXPANSION BUT WHEN THIS COMES UP HER BUDGET DISCUSSION AGAIN TO AT LEAST LOOK AT THE POSSIBILITY OF THAT IF THAT'S AN OPTION IF IT'S STILL AVAILABLE AND TO JUST CONSIDER IT AND IT MIGHT BE NICE TO HAVE SOME MORE

>> IT WILL BE THERE WHENEVER WE NEED IT.

>> I WILL BE HONEST WITH YOU ONE OF THE REASONS I HELD OFF ON THE LEASE BECAUSE I KNEW THIS WAS COMING AND JUST IN CASE THAT WAS GOING TO COME UP FOR DISCUSSION.

[INDISCERNIBLE] FOR APRIL 1 START DATE. >> COUNCIL MADE UP THEIR MIND AND I THINK IT'S WORTH DISCUSSING AGAIN.

>> WE APPRECIATE THE DIALOGUE TONIGHTI THINK WE COVERED A LOT OF GROUND.

QUITE FRANKLY WE GOT SOME CRITICAL THINGS THAT WE NEEDED TO GET FROM YOU AND SOME THINGS THAT YOU WANT TO THINK ABOUT AND WE ARE GOING TO CONTINUE ON PACE WITH THE BUDGET PROCESS AND IN APRIL WE WILL COME BACK FOR THE DISCUSSION AND I THANK YOU SO VERY MUCH FOR DOING

THIS. >> YOU WILL BE SENDING US A SUMMARY.

* This transcript was compiled from uncorrected Closed Captioning.